https://www.taxtmi.com/caselaws?id=108478 Clearances made on Budget day after 11.00 A.M. raised the question whether an undertaking under Rule 224(2A) of the Central Excise Rules, 1944 made duty payable at the enhanced rate before the new notification took effect, or whether the increase operated only prospectively from midnight. Conflicting Tribunal views on the interaction between Rule 224(2A), Rule 9A(1) and Notification No. 7/2000-C.E. (N.T.) led to the conclusion that the issue required authoritative resolution. The matter was therefore referred to a Larger Bench, and no final decision on the merits was rendered. en-us Wed, 23 Apr 2003 00:00:00 +0530 Sat, 31 Mar 2012 17:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108478 Clearances made on Budget day after 11.00 A.M. raised the question whether an undertaking under Rule 224(2A) of the Central Excise Rules, 1944 made duty payable at the enhanced rate before the new notification took effect, or whether the increase operated only prospectively from midnight. Conflicting Tribunal views on the interaction between Rule 224(2A), Rule 9A(1) and Notification No. 7/2000-C.E. (N.T.) led to the conclusion that the issue required authoritative resolution. The matter was therefore referred to a Larger Bench, and no final decision on the merits was rendered. Case-Laws Central Excise Wed, 23 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108478