https://www.taxtmi.com/caselaws?id=765253 CESTAT Chennai held that Revenue failed to prove grounds for invoking extended period of limitation in a CENVAT credit recovery case. The appellant wrongfully availed input service tax credit using documents without correct name and address. However, the SCN lacked specific allegations of suppression or fraud required for extended limitation period. Department had conducted audit in 2012 identifying the issue but waited three years to issue SCN without justification. SC precedent in Larsen Toubro case established that extended limitation period requires specific allegations due to civil and criminal consequences. Appeal allowed, demand set aside on limitation grounds. en-us Tue, 28 Jan 2025 00:00:00 +0530 Wed, 29 Jan 2025 09:00:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765253 CESTAT Chennai held that Revenue failed to prove grounds for invoking extended period of limitation in a CENVAT credit recovery case. The appellant wrongfully availed input service tax credit using documents without correct name and address. However, the SCN lacked specific allegations of suppression or fraud required for extended limitation period. Department had conducted audit in 2012 identifying the issue but waited three years to issue SCN without justification. SC precedent in Larsen Toubro case established that extended limitation period requires specific allegations due to civil and criminal consequences. Appeal allowed, demand set aside on limitation grounds. Case-Laws Central Excise Tue, 28 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765253