https://www.taxtmi.com/caselaws?id=413587 The tribunal ruled in favor of the appellant, determining that they were entitled to exemption notifications for both twisted yarn and dyed yarn. The tribunal held that the twisted yarn and dyed yarn were made from duty-paid inputs, and the goods procured from the open market were deemed duty-paid unless proven otherwise by the department. The tribunal also found that the extended period of limitation for demanding duty was not justified due to the appellant's bona fide belief based on legal precedents. Consequently, the impugned order was set aside, and the appeals were allowed with consequential reliefs. en-us Wed, 13 Oct 2021 00:00:00 +0530 Sat, 16 Oct 2021 09:04:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413587 The tribunal ruled in favor of the appellant, determining that they were entitled to exemption notifications for both twisted yarn and dyed yarn. The tribunal held that the twisted yarn and dyed yarn were made from duty-paid inputs, and the goods procured from the open market were deemed duty-paid unless proven otherwise by the department. The tribunal also found that the extended period of limitation for demanding duty was not justified due to the appellant's bona fide belief based on legal precedents. Consequently, the impugned order was set aside, and the appeals were allowed with consequential reliefs. Case-Laws Central Excise Wed, 13 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413587