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Central Excise - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Extended period of limitation - allegation that respondent had ...


Court Rules Against Extended Tax Limitation Due to Department's Delay in Informing Assessee of Valuation Issues.

January 7, 2016

Case Laws     Central Excise     AT

Extended period of limitation - allegation that respondent had undervalued the goods manufactured for STPL on job work basis. - When all facts are within the knowledge of the department, they ought to have immediately informed the assessee if there was any shortcoming in the declaration of price or valuation of goods. - demand set aside - AT

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