https://www.taxtmi.com/caselaws?id=73727 Rule 66 of the Central Excise Rules, 1944 treats the "full price" of missing or unaccounted excise stamps obtained on credit as the effective maximum duty applicable to that class of stamps, not merely the concessional amount actually paid. The concessional rate was conditional and arose only as a special facility, while the higher rate reflected the unrestricted duty payable for that stamp category. Because missing credit stamps could be diverted or misused, the proper officer was entitled to demand the higher rate. The departmental appeal succeeded and the appellate authority's order was reversed in favour of the revenue. en-us Mon, 15 Feb 1988 00:00:00 +0530 Fri, 03 Jun 2011 11:44:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73727 Rule 66 of the Central Excise Rules, 1944 treats the "full price" of missing or unaccounted excise stamps obtained on credit as the effective maximum duty applicable to that class of stamps, not merely the concessional amount actually paid. The concessional rate was conditional and arose only as a special facility, while the higher rate reflected the unrestricted duty payable for that stamp category. Because missing credit stamps could be diverted or misused, the proper officer was entitled to demand the higher rate. The departmental appeal succeeded and the appellate authority's order was reversed in favour of the revenue. Case-Laws Central Excise Mon, 15 Feb 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73727