https://www.taxtmi.com/caselaws?id=446840 CESTAT Mumbai held that extended period invocation was unjustified where Commissioner relied solely on audit findings to establish suppression of facts. The Tribunal ruled that audit reports alone cannot form basis for extended period invocation, citing precedent that audit discovery of inadmissible CENVAT credit does not establish suppression or malafide intention to evade tax liability. The Commissioner's order denying credit for input services related to railway siding and rainwater harvesting plant construction was set aside. Appeal allowed. en-us Tue, 12 Dec 2023 00:00:00 +0530 Wed, 13 Dec 2023 07:53:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446840 CESTAT Mumbai held that extended period invocation was unjustified where Commissioner relied solely on audit findings to establish suppression of facts. The Tribunal ruled that audit reports alone cannot form basis for extended period invocation, citing precedent that audit discovery of inadmissible CENVAT credit does not establish suppression or malafide intention to evade tax liability. The Commissioner's order denying credit for input services related to railway siding and rainwater harvesting plant construction was set aside. Appeal allowed. Case-Laws Central Excise Tue, 12 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446840