Relief for JSW Steel: CESTAT Rules Corrigendum Issued After 5 Years to Original SCN Amounts to Fresh Notice, Quashes Demand as Time-Barred

The CESTAT has ruled that a "corrigendum issued after five years to an original SCN" amounts to a fresh notice and has quashed a demand against JSW Steel as time-barred. The tribunal’s decision provides significant relief to the company and reinforces the principle that tax authorities cannot extend a notice's validity indefinitely. The ruling is a crucial reminder to tax authorities to be diligent in their filings and to adhere to all statutory deadlines to avoid their case being dismissed.