https://www.taxtmi.com/caselaws?id=439373 Clearances of solar battery disclosed in periodical returns, together with the Department's own parallel proceedings on dutiable and exempted goods, meant the assessee's exemption claim could not be treated as suppression of facts; the extended period of limitation was therefore not invocable and the extended-period demand was set aside. For the normal period, the assessee had already reversed the cenvat credit attributable to inputs and input services, so the demand had to be recomputed after giving effect to the eligible credit position; duty remained payable with interest, but no penalty was warranted. The matter was remitted for recomputation on that basis. en-us Wed, 14 Jun 2023 00:00:00 +0530 Fri, 23 Jun 2023 07:48:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439373 Clearances of solar battery disclosed in periodical returns, together with the Department's own parallel proceedings on dutiable and exempted goods, meant the assessee's exemption claim could not be treated as suppression of facts; the extended period of limitation was therefore not invocable and the extended-period demand was set aside. For the normal period, the assessee had already reversed the cenvat credit attributable to inputs and input services, so the demand had to be recomputed after giving effect to the eligible credit position; duty remained payable with interest, but no penalty was warranted. The matter was remitted for recomputation on that basis. Case-Laws Central Excise Wed, 14 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439373