https://www.taxtmi.com/caselaws?id=762001 Disclosure of classification and duty rate in monthly returns and export documents, together with departmental records reflecting the manner of clearance, showed no suppression of facts. The statutory amendment was already within the department's knowledge, and no contemporaneous objection was raised, so the assessee's belief that the concessional rate continued was treated as bona fide. On those facts, the extended period of limitation could not be invoked, and the demand was held time barred and set aside. en-us Thu, 21 Nov 2024 00:00:00 +0530 Fri, 22 Nov 2024 07:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762001 Disclosure of classification and duty rate in monthly returns and export documents, together with departmental records reflecting the manner of clearance, showed no suppression of facts. The statutory amendment was already within the department's knowledge, and no contemporaneous objection was raised, so the assessee's belief that the concessional rate continued was treated as bona fide. On those facts, the extended period of limitation could not be invoked, and the demand was held time barred and set aside. Case-Laws Central Excise Thu, 21 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762001