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<h1>CEGAT Tribunal: Debit entry timing affects Central Excise Act Section 12-B presumption</h1> <h3>Gwalior Oil Mills Versus Commissioner of Central Excise, Bhopal</h3> The Appellate Tribunal CEGAT New Delhi ruled that the presumption under Section 12-B of the Central Excise Act does not apply if the debit entry was made ... - The Appellate Tribunal CEGAT New Delhi, in the case of the assessee, ruled that the presumption under Section 12-B of the Central Excise Act does not apply if the debit entry was made after the relevant sales period. The Tribunal cited a previous decision and allowed the appeal, setting aside the impugned order.