Supreme Court Allows Revenue's Appeal in Central Excise Case on Limitation Issue - Extended Period Invoked for Differential Duty Demand Based on Transfer of Advance Licenses. The Court remanded the matter to CESTAT for fresh consideration on whether the assessee's bonafide belief based on a Tribunal decision later reversed by the Supreme Court precludes invocation of extended period under Section 11A(1) proviso of Central Excise Act, 1944.
4 Jul 2023The present appeals were filed by the Commissioner of Central Excise and Customs against the order of the Customs, Excise & Service Tax Appellate Trib...
