Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Section 11A(4) Central Excise Act | Extended Limitation Inapplicable Where Department Had Full Knowledge of Transactions : CESTAT Principal Bench
CESTAT quashes excise demand and penalties, ruling that extended limitation under Section 11A(4) cannot be invoked if the department was fully aware of the transactions. The judgment reaffirms that suppression of facts must be deliberate for extended limitation to apply, impacting tax assessments where transparency exists.