2015 (1) TMI 623 - SCH - Central Excise

Rebate - The assessee took credit of duty paid on menthol and utilized the said credit in paying the duty on clearance of the final products namely menthol crystals and peppermint oil - Assessee has cleared menthol crystals for export under bond without payment of excise duty and cleared peppermint oil for export on payment of excise duty by debiting the input credit availed on menthol used in the manufacture of final products - Supreme Court after condoning the delay dismissed the appeal of Revenue against the order of High Court 2011 (4) TMI 27 - BOMBAY HIGH COURT .

Summary

Title: Supreme Court dismisses Special Leave Petition

Citation: 2015 (1) TMI 623 - SC

Judges: Mr. D.K. Jain and Mr. Anil R. Dave, JJ.

Petitioner's Counsel: Mr. B Bhatacharyya, ASG, Mr. D.K. Thakur, Adv., Mr. Ajay Singh, Adv., Mr. Arvind Kumar Sharma, Adv.

Respondent's Counsel: Mr. M Chandra Shekharan, Sr. Adv., Mr. Sanjay Aggarwal, Adv., Mr. Karan, Adv., Mr. Prashant Mishra, Adv., Mr. S Sunil, Adv., Mr. Nikhil Jain, Adv.

Decision: Delay condoned. Special leave petition dismissed as no question of law arises from the High Court's judgment.