2012 (11) TMI 255 - ANDHRA PRADESH HIGH COURT

Extended period of limitation - fraud, collusion, wilful mis-statement, suppression of facts or contravention of the provisions of the Act or the Rules made thereunder with intention to evade payment of duty – Held that:- Once the assessee availed credit under Rule 2(k) of the Rules of 2004 without entitlement it amounts to contravention of the rule with the intention of evading payment and the extended period of limitation would be available to the Revenue – In favor of Revenue