https://www.taxtmi.com/article/detailed?id=14571 Where no statutory limitation is prescribed for initiating adjudicatory steps in indirect taxation, issuance of show cause notices is governed by the reasonable time principle; courts have adopted a practical three year benchmark from the relevant assessment year for issuing notices under rules like Rule 16 of the Drawback Rules, and notices issued substantially beyond that period are vulnerable to challenge on grounds of delay and laches. en-us Wed, 04 Jun 2025 08:42:02 +0530 Wed, 04 Jun 2025 08:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14571 Where no statutory limitation is prescribed for initiating adjudicatory steps in indirect taxation, issuance of show cause notices is governed by the reasonable time principle; courts have adopted a practical three year benchmark from the relevant assessment year for issuing notices under rules like Rule 16 of the Drawback Rules, and notices issued substantially beyond that period are vulnerable to challenge on grounds of delay and laches. Articles Customs - Import - Export - SEZ Wed, 04 Jun 2025 08:42:02 +0530 https://www.taxtmi.com/article/detailed?id=14571