https://www.taxtmi.com/caselaws?id=758698 Extended limitation for customs demand cannot be invoked unless the record shows fraud, collusion, wilful misstatement or suppression of facts. Here, the import was assessed on the basis of the supplier's invoice and catalogue, and the orders did not contain any such foundational allegation. As the differential duty was demanded more than three years and eight months after import, the notice was barred by limitation. The duty demand and consequential penalty were therefore unsustainable, and the assessee succeeded. en-us Fri, 23 Aug 2024 00:00:00 +0530 Wed, 18 Sep 2024 07:53:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758698 Extended limitation for customs demand cannot be invoked unless the record shows fraud, collusion, wilful misstatement or suppression of facts. Here, the import was assessed on the basis of the supplier's invoice and catalogue, and the orders did not contain any such foundational allegation. As the differential duty was demanded more than three years and eight months after import, the notice was barred by limitation. The duty demand and consequential penalty were therefore unsustainable, and the assessee succeeded. Case-Laws Customs Fri, 23 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758698