TaxTMI 
TaxTMI 
2020 (2) TMI 689
X X X X Extracts X X X X
X X X X Extracts X X X X
....lant. P.C.:- This Appeal is filed by framing the following questions of law for consideration of this Court :- "a. Whether the CESTAT is justified in holding that demand cannot be sustained for the extended period of limitation and should be restricted to the normal period of limitation ? b. Whether CESTAT is justified in holding that there is no justification for imposition of penalt....
X X X X Extracts X X X X
X X X X Extracts X X X X
....alty. On adjudication the Commissioner dropped the demand of Rs. 6,25,26,885/- and confirmed the duty demand of Rs. 5,45,34,629/- with interest and imposed penalty of Rs. 4,92,53,719/-. 4. The Respondent filed an Appeal before the Customs, Excise and Service Tax Appellate Tribunal, Mumbai along with an application for stay. The Tribunal came to the conclusion that exemption was admissible only to....
X X X X Extracts X X X X
X X X X Extracts X X X X
....refore, the period of limitation stood extended. Learned counsel for the Appellant contended that even though the Respondent was not entitled to the benefit of exemption of pipe fittings, he has taken the same which clearly means that there is suppression of facts. 6. The Tribunal has dealt with this submission. The Tribunal has found that throughout it's returns the Respondent has clearly mentio....