https://www.taxtmi.com/caselaws?id=398524 Fabricated steel tanks cleared from the factory remained excisable goods because they were marketable and did not become immovable property merely due to later installation at the buyer's premises. Excise duty was therefore sustainable for the normal period. The extended period of limitation and penalties were not invokable because the show cause notices did not properly set out the required basis for such invocation. The amount collected was to be treated as cum-duty price, Cenvat credit on inputs was allowed, and remand was directed only for limited recomputation. en-us Tue, 28 Jul 2020 00:00:00 +0530 Fri, 18 Sep 2020 16:05:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398524 Fabricated steel tanks cleared from the factory remained excisable goods because they were marketable and did not become immovable property merely due to later installation at the buyer's premises. Excise duty was therefore sustainable for the normal period. The extended period of limitation and penalties were not invokable because the show cause notices did not properly set out the required basis for such invocation. The amount collected was to be treated as cum-duty price, Cenvat credit on inputs was allowed, and remand was directed only for limited recomputation. Case-Laws Central Excise Tue, 28 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398524