https://www.taxtmi.com/caselaws?id=408939 The Tribunal allowed the appeal, setting aside the demand notice for recovery of amount with interest and penalty. The appellant's argument that the demand was barred by limitation was accepted, as they had diligently reversed the credit attributable to trading activity in their returns. The Tribunal found that invoking the extended period of limitation was unwarranted in this case, citing a previous judgment. The appeal was allowed with consequential relief in accordance with the law, based on the principle established in a previous case. en-us Mon, 05 Apr 2021 00:00:00 +0530 Thu, 24 Jun 2021 19:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408939 The Tribunal allowed the appeal, setting aside the demand notice for recovery of amount with interest and penalty. The appellant's argument that the demand was barred by limitation was accepted, as they had diligently reversed the credit attributable to trading activity in their returns. The Tribunal found that invoking the extended period of limitation was unwarranted in this case, citing a previous judgment. The appeal was allowed with consequential relief in accordance with the law, based on the principle established in a previous case. Case-Laws Service Tax Mon, 05 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408939