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2008 (9) TMI 364 - AT - Central ExciseSuppression – invocation of extended period of limitation – Non inclusion, assessable value - Confirmation of demand on free moulds and dies supplied by M/s. Bajaj Auto Ltd. to the respondent on loan basis for manufacturing different parts of motor vehicles - The finding of the learned Commissioner (Appeals) as to the respondent unit being audited regularly during the relevant period by the department has not been denied in the grounds of appeal. If that be so, it is to be considered that the internal audit party has not disputed, that the non-inclusion of the cost of moulds had given rise to short-levy. Since there are no adverse audit paras on this issue, to my mind Revenue has failed to prove the case of suppression etc. against the respondent. – Held that demand is time barred
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