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2015 (8) TMI 290 - SCH - CustomsRecovery of duties erroneously refunded – Extension of limitation period - Whether customs authorities could invoke provisions of Section 28 of Customs Act, 1962, to avail benefit of extended period of limitation – Held that:- original licence holder, had deliberately suppressed fact of having availed Modvat credit under Rule 57A of Central Excise Rules, 1944, and thereby made willfully wrong declaration to licensing authority to obtain endorsement of transferability of same while transferring licenses to appellant – In view thereof, extended period of limitation would be available to authorities for purpose of claiming duty even against appellant, who was transferee of licence – No merit in appeals and accordingly dismissed – Decided against Appellant.
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