https://www.taxtmi.com/caselaws?id=786135 Invocation of the extended period of limitation was contested on the ground that nonadoption of MRPbased valuation did not amount to willful suppression, fraud, collusion or wilful misstatement. The Tribunal found that material particulars were disclosed in ER1 returns, the Department had long failed to object, and no evidence established mens rea or deliberate concealment; the respondent accepted liability and paid duty with interest once audited. Consequently, extended limitation could not be invoked and the demand raised beyond the normal limitation period was correctly dropped; the Department's appeal was dismissed and the original order upheld. en-us Wed, 04 Feb 2026 00:00:00 +0530 Sat, 07 Feb 2026 07:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786135 Invocation of the extended period of limitation was contested on the ground that nonadoption of MRPbased valuation did not amount to willful suppression, fraud, collusion or wilful misstatement. The Tribunal found that material particulars were disclosed in ER1 returns, the Department had long failed to object, and no evidence established mens rea or deliberate concealment; the respondent accepted liability and paid duty with interest once audited. Consequently, extended limitation could not be invoked and the demand raised beyond the normal limitation period was correctly dropped; the Department's appeal was dismissed and the original order upheld. Case-Laws Central Excise Wed, 04 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786135