https://www.taxtmi.com/caselaws?id=425159 The Supreme Court directed the Tribunal to decide on the appeal's merit after compliance with the pre-deposit requirement. The Tribunal found "Sikko Sol" should not be classified under tariff item 27101213 due to not meeting the criteria. The demand for central excise duty, interest, and penalty was set aside. Confiscation of goods and imposition of a redemption fine were deemed unwarranted. The recovery of inadmissible Cenvat Credit was also set aside. The Tribunal held that the extended period of limitation could not be invoked without evidence of willful misstatement, resulting in the demand being set aside. en-us Tue, 12 Jul 2022 00:00:00 +0530 Mon, 18 Jul 2022 09:14:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425159 The Supreme Court directed the Tribunal to decide on the appeal's merit after compliance with the pre-deposit requirement. The Tribunal found "Sikko Sol" should not be classified under tariff item 27101213 due to not meeting the criteria. The demand for central excise duty, interest, and penalty was set aside. Confiscation of goods and imposition of a redemption fine were deemed unwarranted. The recovery of inadmissible Cenvat Credit was also set aside. The Tribunal held that the extended period of limitation could not be invoked without evidence of willful misstatement, resulting in the demand being set aside. Case-Laws Central Excise Tue, 12 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425159