Court Overrules Duty Levy on Walk-In Coolers; Assessee's Actions Deemed Bona Fide, Demand Set Aside Due to Limitation.

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....Levy of duty on walk-in cooler - If the assessee acted on the basis of the said position in law which was prevailing at that time (though over-ruled subsequently) it would show that the action of the assessee was bonafide. - Demand set aside on the ground of period of limitation - SC....