https://www.taxtmi.com/caselaws?id=461265 The extended period of limitation cannot be invoked to sustain interest and penalty where the duty situation is revenue neutral or the record shows no intent to evade duty. Here, one matter was revenue neutral because duty paid by one unit was available as CENVAT credit to another, and in the other the appellate authority had itself found non-compliance with the valuation rules but no intention to evade payment. On those facts, the jurisdictional basis for extended limitation was absent, and the demands of interest and penalty were unsustainable. en-us Mon, 04 Mar 2024 00:00:00 +0530 Tue, 25 Mar 2025 20:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461265 The extended period of limitation cannot be invoked to sustain interest and penalty where the duty situation is revenue neutral or the record shows no intent to evade duty. Here, one matter was revenue neutral because duty paid by one unit was available as CENVAT credit to another, and in the other the appellate authority had itself found non-compliance with the valuation rules but no intention to evade payment. On those facts, the jurisdictional basis for extended limitation was absent, and the demands of interest and penalty were unsustainable. Case-Laws Central Excise Mon, 04 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461265