https://www.taxtmi.com/caselaws?id=758794 CESTAT Bangalore upheld appellant's liability to pay 4% SAD under amended provisions but rejected extended period invocation due to absence of suppression of facts. The appellant had self-assessed duties but failed to claim proper exemptions available under relevant notifications. Court found no material misrepresentation warranting reopening past assessments beyond normal limitation period. Demand with interest confirmed only for normal period (February 2012 to October 2012) totaling Rs.3,95,676 already paid by appellant. Confiscation under Section 111(m) and penalty under Section 114A set aside. Appeal partially allowed. en-us Mon, 09 Sep 2024 00:00:00 +0530 Thu, 19 Sep 2024 08:00:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758794 CESTAT Bangalore upheld appellant's liability to pay 4% SAD under amended provisions but rejected extended period invocation due to absence of suppression of facts. The appellant had self-assessed duties but failed to claim proper exemptions available under relevant notifications. Court found no material misrepresentation warranting reopening past assessments beyond normal limitation period. Demand with interest confirmed only for normal period (February 2012 to October 2012) totaling Rs.3,95,676 already paid by appellant. Confiscation under Section 111(m) and penalty under Section 114A set aside. Appeal partially allowed. Case-Laws Customs Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758794