Extended period of Limitation - There is no obligation cast on ...
Extended Limitation Period Inapplicable: No Suppression or Fraud Found, Accurate Records Maintained, Regular Returns Filed.
June 17, 2020
Case Laws Central Excise AT
Extended period of Limitation - There is no obligation cast on the appellant to intimate the Department on each and every transaction. The appellant have filed regular returns with the Department and have maintained proper records. Further, the appellant have obtained statement of “cost of production‟ duly certified by the Cost Accountant - The elements of suppression, mis-statement, fraud, etc. are not coming out from the facts and circumstances.
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