https://www.taxtmi.com/caselaws?id=54918 A demand notice issued in 1999 for credit availed in 1995 was held time-barred because the Revenue was already aware of the alleged irregular credit in 1996 through proceedings against the supplier, where the appellant's name and the relevant amount were specifically recorded. Since the investigation was treated as concluded in 1996 and no material showed it remained pending thereafter, the later notice fell outside the limitation period governing recovery of duty demand. The impugned demand and the confirming appellate order were set aside, with consequential relief in favour of the assessee. en-us Wed, 26 Oct 2005 00:00:00 +0530 Tue, 12 Sep 2017 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54918 A demand notice issued in 1999 for credit availed in 1995 was held time-barred because the Revenue was already aware of the alleged irregular credit in 1996 through proceedings against the supplier, where the appellant's name and the relevant amount were specifically recorded. Since the investigation was treated as concluded in 1996 and no material showed it remained pending thereafter, the later notice fell outside the limitation period governing recovery of duty demand. The impugned demand and the confirming appellate order were set aside, with consequential relief in favour of the assessee. Case-Laws Central Excise Wed, 26 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54918