Thursday, May 24, 2012

Extended period of Limitation

Extended period of Limitation

The Apex Court in the case of Jaiprakash Industries Ltd. V. CCE2002 (146) ELT 481 (SC) has held that when there was bona fide doubt about excisability of the goods due to divergent view of the High Courts, extended period of 5 years could not be invoked.
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