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2018 (8) TMI 1565 - AT - Central ExciseExtended period of limitation - method of valuation - appellants were engaged in manufacture of cotton yarn and also undertaking job work of reeling, rewinding, doubling of cotton yarn received from their sister units/group companies. The appellants were also sending cotton yarn for further processing to these sister/group units on job work basis - Case of Department is that valuation should have been done as per Rule 9 r/w Rule 8 of Central Excise (Valuation) Rules, 2000. Held that:- The entire issue having been mired in litigation till the law was finally settled by the said Supreme Court's judgment, the extended period of limitation invoked in these proceedings cannot sustain - The show cause notices have been issued in 2006 invoking extended period alleging suppression of facts. The impugned order cannot sustain as the demand is hit by limitation - appeal allowed - decided in favor of appellant.
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