Extended period not invocable as non-disclosure was based on bonafide interpretation of law

GRT Regency Vs Assistant Commissioner of Central Excise (Madras High Court) Madras High Court held that invocation of extended period of limitation unjustified as non-disclosure or claim of non-liability was on the basis of bonafide interpretation of law. Facts- The Petitioner is running a Hotel called GRT Regency registered with Service Tax Department and has paid service tax, interalia, on Restaurant Services and Short Term Accommodation Services. The Department conducted Internal Audit and found that the Petitioner did not pay service tax on certain charges collected from the customers towa...