https://www.taxtmi.com/caselaws?id=795462 Extended limitation could not be invoked to recover CENVAT credit on inputs and capital goods destroyed in industrial violence and fire where the Department had contemporaneous knowledge of the incident, stock particulars, asset destruction and loss of records. Having sought details, conducted physical verification and issued an earlier show-cause notice on the same incident, the Department could not treat the same or similar facts as suppression in a later notice. The demand was therefore time-barred, and the related interest and penalty could not survive. en-us Tue, 21 Jul 2026 00:00:00 +0530 Thu, 23 Jul 2026 08:42:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795462 Extended limitation could not be invoked to recover CENVAT credit on inputs and capital goods destroyed in industrial violence and fire where the Department had contemporaneous knowledge of the incident, stock particulars, asset destruction and loss of records. Having sought details, conducted physical verification and issued an earlier show-cause notice on the same incident, the Department could not treat the same or similar facts as suppression in a later notice. The demand was therefore time-barred, and the related interest and penalty could not survive. Case-Laws Central Excise Tue, 21 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795462