1993 (8) TMI 170 - AT - Central Excise

Summary

The appeal was against the order of the Collector of Central Excise, Jaipur regarding the duty rate applicable on goods removed after 5 p.m. but before midnight on the Budget day. The issue was whether the old rate or the enhanced rate of duty applied. The Tribunal held that the duty rate applicable is from midnight following the Budget day, as per the Provisional Collection of Excise Taxes Act. The appeal was accepted based on the Tribunal's decision in the case of Indian Explosives Limited.