Home Case Index All Cases Central Excise Central Excise + SC Central Excise - 2015 (4) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (4) TMI 74 - SUPREME COURTDenial of exemption claim - compounded rubber - demand of duty on Captive consumption during the transitional period - Notification granting exemption was rescinded for a period of few days - Held that:- Compounded rubber was also rescinded by the same Notification dated 1.3.94 and reintroduced in the same manner vide another Notification issued on 28.3.1994, ratio of W.P.I.L . Ltd. case [2005 (2) TMI 137 - SUPREME COURT OF INDIA] shall squarely apply to the present case as well. As a result, only on this ground, these appeals are allowed and the demand raised against the appellants is quashed. - By an interim order passed in this case the respondents were called upon to make deposit of ₹ 22 lakhs, 24 lakhs and 22 lakhs respectively, with the excise Department. The aforesaid amount shall be refunded to the appellants within a period of three months - Decided in favour of assessee.
|