Assessee’s Genuine Belief: Extended Period Inapplicable

Biswajit Saha Vs Commissioner of Central Excise (CESTAT Kolkata) CESTAT Kolkata held that appellant were under the bonafide belief that processes undertaken by them doesn’t amount to manufacture and accordingly, they cleared goods to raw material supplier on collection of job charges only. Accordingly, extended period of limitation not invocable. Facts- M/s. Jamuna Enterprise (The Appellant) was engaged by M/s. Bidisha Enterprise for conversion of raw materials such as MS Round, Bright bars etc. for job work, as per the specification provided by them. For the processing work carried out by t...