https://www.taxtmi.com/caselaws?id=440743 The SC upheld the Tribunal's decision, confirming that the appellant misdeclared prime quality goods as rejects to avail benefits illegally. The SC supported the invocation of the extended period of limitation under the proviso to Section 11A of the Central Excise Act due to misdeclaration. The court agreed with the Tribunal's revaluation of goods based on their actual sale price to a related company. The SC found no merit in the appellant's appeals regarding the applicability of excise duty and dismissed them, affirming the imposed duty demand and penalties. en-us Wed, 19 Apr 2023 00:00:00 +0530 Mon, 30 Oct 2023 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440743 The SC upheld the Tribunal's decision, confirming that the appellant misdeclared prime quality goods as rejects to avail benefits illegally. The SC supported the invocation of the extended period of limitation under the proviso to Section 11A of the Central Excise Act due to misdeclaration. The court agreed with the Tribunal's revaluation of goods based on their actual sale price to a related company. The SC found no merit in the appellant's appeals regarding the applicability of excise duty and dismissed them, affirming the imposed duty demand and penalties. Case-Laws Central Excise Wed, 19 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440743