1981 (8) TMI 225 - CGOVT - Central Excise

Summary

The Central Government of India considered a case where applicants were held liable for duty on unaccounted yarn, but the government found no evidence of wrongdoing and allowed the revision application. The applicants were working under a compounded levy scheme and had duly received all consignments of yarn. The government concluded that there was no justification for demanding duty on the unaccounted yarn.