Option to pay excise duty at normal rate must apply to all factories of a manufacturer, not individual units. The notification's concessional exemption is computed on the basis of aggregate clearances by a manufacturer from all factories in a financial year; the option to pay excise duty at the normal rate, once exercised, must apply to subsequent clearances from all factories and cannot be applied selectively to one unit while claiming exemption for another.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Option to pay excise duty at normal rate must apply to all factories of a manufacturer, not individual units.
The notification's concessional exemption is computed on the basis of aggregate clearances by a manufacturer from all factories in a financial year; the option to pay excise duty at the normal rate, once exercised, must apply to subsequent clearances from all factories and cannot be applied selectively to one unit while claiming exemption for another.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
