TMI BlogAppellant's Revenue Neutrality Claim Rejected; Full Duty Payment and Penalty Upheld Under Extended Limitation Period.Valuation - Extended period of limitation - Merely because the sister unit will get CENVAT Credit, the appellant cannot NOT PAY full duty in open defiance of the law and take shelter under “Revenue Neutrality” to escape liability. - Demand with penalty upheld. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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