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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Sugar Factories Must Credit Excess Excise Duty to Government; Retention Requests Denied per 1991 Amendment and Supreme Court Ruling.</h1> The circular addresses the issue of excess excise duty on levy sugar collected by sugar factories. These factories availed a duty concession but charged buyers the full excise duty, retaining the difference as an incentive. The Central Board of Excise and Customs clarified that such excess amounts must be credited to the government account as per the Central Excises & Salt Act, 1944, and cannot be retained by the factories. The Indian Sugar Mills Association's request to allow retention of these funds was denied, referencing the Central Excise & Customs Amendment Act of 1991 and a Supreme Court judgment. All pending cases should comply with these directives.
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