https://www.taxtmi.com/caselaws?id=54093 Extended limitation could be invoked where material facts affecting duty liability, including stock and credit particulars, were not disclosed in the statutory records; mere appearance of some figures in the balance sheet did not amount to disclosure to the Department. The Tribunal therefore rejected the time-bar objection and set aside the finding that the demand was barred by limitation. As the lower authority had not examined the merits, the matter was remanded for fresh adjudication after granting the assessee a reasonable opportunity of hearing. en-us Thu, 24 Feb 2005 00:00:00 +0530 Mon, 18 Oct 2010 10:03:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54093 Extended limitation could be invoked where material facts affecting duty liability, including stock and credit particulars, were not disclosed in the statutory records; mere appearance of some figures in the balance sheet did not amount to disclosure to the Department. The Tribunal therefore rejected the time-bar objection and set aside the finding that the demand was barred by limitation. As the lower authority had not examined the merits, the matter was remanded for fresh adjudication after granting the assessee a reasonable opportunity of hearing. Case-Laws Central Excise Thu, 24 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54093