Tax Case Limitation: Department Must Prove Suppression of Facts; Mere Exemption Claim Isn't Suppression by Assessee.

Tax Case Limitation: Department Must Prove Suppression of Facts; Mere Exemption Claim Isn't Suppression by Assessee. https://www.taxtmi.com/highlights?id=64105 Extended period of limitation - suppression of facts or not - The belief of an assessee may be right or wrong but it is incumbent on the department to ascertain the correctness of the eligibility of the exemption notification. Therefore, by declaring the goods under exemption there cannot be a charge of suppression of fact on the part of the appellant. - AT en-us Fri, 17 Jun 2022 11:26:38 +0530 Fri, 17 Jun 2022 11:26:38 +0530 TaxTMI RSS Generator Tax Case Limitation: Department Must Prove Suppression of Facts; Mere Exemption Claim Isn't Suppression by Assessee. https://www.taxtmi.com/highlights?id=64105 Extended period of limitation - suppression of facts or not - The belief of an assessee may be right or wrong but it is incumbent on the department to ascertain the correctness of the eligibility of the exemption notification. Therefore, by declaring the goods under exemption there cannot be a charge of suppression of fact on the part of the appellant. - AT Highlights Central Excise Fri, 17 Jun 2022 11:26:38 +0530 https://www.taxtmi.com/highlights?id=64105