TMI BlogAppellant Liable for Differential Excise Duty Due to Price Escalation Clause in Petroleum Products per Section 11D of Central Excise Act.Price escalation clause - petroleum products - The calculation are accounted, against the appellant. Therefore, the appellant alone is liable to pay the differential excise duty, recovered, in terms of Section 11 D of the Central Excise Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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