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Issue ID : 111624
- 0 -

Impact of JBM Industries CESTAT decision reported in 2017 (2) TMI 1036

Date 15 Mar 2017
Replies2 Answers
Views 1098 Views
Asked By

The decision appears to be flawed. The intention of the legislation to provide for N/N 67/95 CE dated 16.03.1995 has been totally negated by this judgment.

This judgment has wide ramifications across industry as the revenue based on this judgment shall pounce on assessees.

Would appreciate, if you could let us know whether the appeal has been filed in HC against this order or any stay has been granted.

Thanks and Regards

S.Ramaswamy

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Replied on Mar 15, 2017
1.

Please check P&H High Court website in this regard.

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Replied on Mar 16, 2017
2.

thanks. however could not get the details.

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