https://www.taxtmi.com/article/detailed?id=11577 A buyer who paid valuable consideration, entered received capital goods in statutory records and maintained regular accounts cannot be subjected to the extended limitation provision under Section 11A(1) unless the revenue proves the buyer's involvement in fraud, collusion, or willful suppression; allegations about the supplier's capacity or fraudulent invoices do not suffice to displace the presumption in favor of the purchaser without specific proof of the purchaser's complicity. en-us Thu, 06 Jul 2023 10:21:54 +0530 Thu, 06 Jul 2023 10:21:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11577 A buyer who paid valuable consideration, entered received capital goods in statutory records and maintained regular accounts cannot be subjected to the extended limitation provision under Section 11A(1) unless the revenue proves the buyer's involvement in fraud, collusion, or willful suppression; allegations about the supplier's capacity or fraudulent invoices do not suffice to displace the presumption in favor of the purchaser without specific proof of the purchaser's complicity. Articles Central Excise Thu, 06 Jul 2023 10:21:54 +0530 https://www.taxtmi.com/article/detailed?id=11577