https://www.taxtmi.com/caselaws?id=302582 The appeal was allowed in favor of the Appellant, M/s. Abdos Lamitubes Pvt. Ltd., in a Central Excise duty demand case. The Tribunal held that the extended period of limitation for raising the demand was not applicable as the Appellant acted in good faith based on Circulars and Tribunal judgments. The demand of Rs.56,78,807/- along with interest and penalty was set aside due to the absence of fault on the Appellant's part regarding the inclusion of VAT amount in the assessable value for Central Excise duty payment. en-us Thu, 29 Jul 2021 00:00:00 +0530 Mon, 06 Jun 2022 20:38:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302582 The appeal was allowed in favor of the Appellant, M/s. Abdos Lamitubes Pvt. Ltd., in a Central Excise duty demand case. The Tribunal held that the extended period of limitation for raising the demand was not applicable as the Appellant acted in good faith based on Circulars and Tribunal judgments. The demand of Rs.56,78,807/- along with interest and penalty was set aside due to the absence of fault on the Appellant's part regarding the inclusion of VAT amount in the assessable value for Central Excise duty payment. Case-Laws Central Excise Thu, 29 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302582