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2014 (2) TMI 966 - CESTAT NEW DELHILevy of interest - Deemed manufacture - refined oil - Period of dispute - Held that:- in Finance Bill, 2005 refining was specifically brought into the scope of Chapter 15 - In the bill it was stated that the said note shall be effective from 1-3-86 and ending 28-2-2005 - Examination of the provision enacted by the 2005 Finance Bill shows that clearances of refined oil made by the appellant for the period 17-12-2004 to 12-1-2005 was dutiable which is claimed to have suffered duty on 2-3-2005. Till the position is made clear by Finance Bill, 2005, Assessees were not in a position to determine their liability - Therefore let the dispute come to an end without levy of interest as has been held by learned Commissioner (Appeals) - Decided against Revenue.
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