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2017 (11) TMI 691 - AT - Central ExciseValuation - annual capacity based production - Section 3A of the Central Excise Act - N/N. 30/97-CE(NT), as amended by N/N. 43/97-CE(NT) - Held that: - Hon'ble Supreme Court in the case of Shree Bhagwati Steel Rolling Mills and others Vs Commissioner of Central Excise [2015 (11) TMI 1172 - SUPREME COURT] wherein after considering the issue of repeal and/or omission of Rules 96Z0, 96ZP and 96ZQ with effect from 11th May, 2001, it was held that although the levy of the duty is saved but the levy of penalty and interest cannot be enforced - there can be no demand of interest and penalty under Rule 96-ZO - appeal allowed in part.
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