2015 (2) TMI 1008

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... se duty on cigarettes at the enhanced rate vide Finance Act, 2012. The Board has clarified that the amendment in the Finance Act, 2012, shall be applicable from the date of enactment of the said Finance Act i.e. on 28.5.2012 and not from 17.3.2012. - Finance Act, 2012 shall be applicable only from 28.5.2012; date of assent. Accordingly, we set aside the impugned order - Decided in favour of assess .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... length 69mm was ₹ 809/- per 1000 sticks. The Finance Bill, 2012 proposed to enhance the rate of duty. The Finance Bill, 2012 came into effect from 17.3.2012. However, when the Finance Bill, 2012 received the assent of the President of India on 28.5.2012, the rate of duty on cigarettes of length exceeding 65mm was amended to ₹ 1,034/- per 1000 sticks as per Section 141 read with Sevent .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X