Without Intent to Evade Tax extended period of limitation cannot be invoked

Vinayak Industries Vs Commissioner of Central Excise & Customs (CESTAT Chandigarh) The recent case of Vinayak Industries Vs Commissioner of Central Excise & Customs, adjudicated by CESTAT Chandigarh, sheds light on the limitations surrounding penalty imposition in tax matters. This article delves into the details of the case, examining the implications of the tribunal’s ruling.  The case revolves around the imposition of penalties on Vinayak Industries for the non-filing of returns pertaining to the period from February 2012 to March 2016. The Department had issued a show cause ...