No Extended Limitation Or Penalty When Duty Details Disclosed in ER-1 

Commissioner of Central Excise & Service Tax Vs Safe Parentals Ltd (CESTAT Hyderabad)

In a significant ruling for excise assessees, the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Hyderabad has held that the extended period of limitation and imposition of penalty are not applicable where a company has duly disclosed its clearance details in its ER-1 returns. The decision came in the appeals filed by the Commissioner of Central Excise & Service Tax against Safe Parentals Ltd. and Safe Formulations Ltd., challenging the partial confirmation of duty demands.Please become a Premium member. If you are already a Premium member, login here to access the full content.