https://www.taxtmi.com/caselaws?id=753637 CESTAT Ahmedabad held that the extended period demand for classification of wet wipes under Central Excise Tariff Act was time-barred due to absence of suppression of facts. The appellant had categorically declared their classification claim and exemption notification to the department, and previous audits raised no objections. The tribunal found no intent to evade duty payment, citing SC precedent in Pragathi Concrete Products case. Extended period demand and corresponding penalty were set-aside, with department permitted to re-quantify normal period demand and adjust against appellant's existing payment of Rs. 40,40,709. Appeal allowed partially. en-us Wed, 05 Jun 2024 00:00:00 +0530 Thu, 06 Jun 2024 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753637 CESTAT Ahmedabad held that the extended period demand for classification of wet wipes under Central Excise Tariff Act was time-barred due to absence of suppression of facts. The appellant had categorically declared their classification claim and exemption notification to the department, and previous audits raised no objections. The tribunal found no intent to evade duty payment, citing SC precedent in Pragathi Concrete Products case. Extended period demand and corresponding penalty were set-aside, with department permitted to re-quantify normal period demand and adjust against appellant's existing payment of Rs. 40,40,709. Appeal allowed partially. Case-Laws Central Excise Wed, 05 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753637