https://www.taxtmi.com/caselaws?id=415324 The High Court held in favor of the Assessee, setting aside the Tribunal's order. The Court found that the Tribunal erred in not considering earlier adjudications and failed to provide independent reasons for upholding the extended period of limitation. As there was no mis-declaration or suppression of facts, the extended period of limitation was deemed inapplicable. The differential duty was confirmed, but the availability of Modvat Credit was not adequately addressed, leading to the Court allowing the appeal and dropping the show cause notice, with each party bearing their own costs. en-us Thu, 25 Nov 2021 00:00:00 +0530 Fri, 03 Dec 2021 09:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415324 The High Court held in favor of the Assessee, setting aside the Tribunal's order. The Court found that the Tribunal erred in not considering earlier adjudications and failed to provide independent reasons for upholding the extended period of limitation. As there was no mis-declaration or suppression of facts, the extended period of limitation was deemed inapplicable. The differential duty was confirmed, but the availability of Modvat Credit was not adequately addressed, leading to the Court allowing the appeal and dropping the show cause notice, with each party bearing their own costs. Case-Laws Customs Thu, 25 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415324