Extended Limitation Period Requires Clear Allegations of wilful misstatement, suppression of facts, fraud, or collusion

Central Arya Road Transport & Anr. Vs Union of India & Ors. (Calcutta High Court) In the case of Central Arya Road Transport & Anr. Vs Union of India & Ors., the Calcutta High Court dealt with the issue of invoking the extended period of limitation under Section 73(1) of the Finance Act, 1994. The writ petitioners challenged the order demanding service tax and penalties issued by the Principal Commissioner of CGST & CX, Kolkata, South, on the grounds that the extended period was invoked without any clear allegations of wilful misstatement, suppression of facts, fraud, or co...