Home Forum Central Excise Month 12 2009 2009 (12) This
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Central excise refund - state JAmmu & Kashmir - Central ExciseExtract I want to discuss about the latest judegment of the tribunal about the central excise refund in the states like jammu and kashmir where the tribunal has held that the central excise duty refund given to the industrial unit is considered their income and tribunal held that industrial units have to give income tax on the central excise refund they are getting .In my view this decision is wrong ,as the department is doing wrong interpretation of the excise duty notification under which refund was given to the industrial units in jammu and kashmir.
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