https://www.taxtmi.com/caselaws?id=413648 The Tribunal allowed the appeal, setting aside the demands for recovery and penalties. The appellant was granted full credit for Additional duty of Customs as per the Bill of Entry, citing precedent on transit losses. The Tribunal upheld the appellant's practice of taking proportionate credit for excess raw material receipts, finding no malafide intent. The show cause notice invoking extended limitation was rejected, noting the appellant's compliance and interpretational issues. The impugned order was modified in favor of the appellant, granting relief and consequential benefits. en-us Thu, 14 Oct 2021 00:00:00 +0530 Mon, 18 Oct 2021 09:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413648 The Tribunal allowed the appeal, setting aside the demands for recovery and penalties. The appellant was granted full credit for Additional duty of Customs as per the Bill of Entry, citing precedent on transit losses. The Tribunal upheld the appellant's practice of taking proportionate credit for excess raw material receipts, finding no malafide intent. The show cause notice invoking extended limitation was rejected, noting the appellant's compliance and interpretational issues. The impugned order was modified in favor of the appellant, granting relief and consequential benefits. Case-Laws Central Excise Thu, 14 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413648