2008 (9) TMI 159

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..... there is no misstatement or suppression with an intent to evade payment of duty on the part of the appellant - demand, having been raised on 13-7-07 for the period 9-11-05 when the credit was availed, is required held as barred by limitation - E/841/2008 - A/2261/2008-WZB/AHD - Dated:- 26-9-2008 - Ms. Archana Wadhwa, Member (J) Shri W. Christian, Advocate, for the Appellant. Dr. M.K. R .....

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..... (P) Ltd., my attention was drawn to Para 7 of the said judgment, wherein penalty was set aside by holding that the issue is as regards bona fide interpretation of rule and there was no justification for imposition of penalty. As such, submits the learned advocate that the same ingredients are available to the Revenue for invocation of longer period. In as much as credit was taken and was reflected .....

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