Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (7) TMI 236 - AT - Central ExciseAbatement of duty for the period of closure - Rule 96ZP(2) of Central Excise Rules - It is the case of the Revenue that the assessee had opted to discharge their duty liability under Rule 96ZP(3) read with section 3A of the Act and accordingly they are not entitled to abatement of duty - Held that:- On close rending of Rule 96ZP, it is noted that Rule 96ZP (2) allowed to claim abatement of duty during the closure period - In the present case, the appellant opted to pay duty under Rule 96ZP(3) at the rate of ₹ 300/- per MT Rule 96ZP(3) did not allow abatement of duty. It is well settled that once the appellant opted to exercise the option of payment of duty under Rule 96ZP (3), they are not entitled ti retract their stand. The appellant is not entitled to abatement/proportionate reduction of duty - appeal dismissed - decided against appellant.
|