https://www.taxtmi.com/caselaws?id=112933 The Tribunal allowed the appeals of the company and its Managing Director, setting aside the impugned order. The duty demand on processed fabrics was deemed unsustainable, and penalties and confiscation were found unjustified. The Tribunal clarified that no duty was applicable to grey fabric and emphasized the prospective application of statutory provisions, rejecting the Revenue's appeal. en-us Tue, 09 Mar 2004 00:00:00 +0530 Wed, 02 May 2012 16:53:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112933 The Tribunal allowed the appeals of the company and its Managing Director, setting aside the impugned order. The duty demand on processed fabrics was deemed unsustainable, and penalties and confiscation were found unjustified. The Tribunal clarified that no duty was applicable to grey fabric and emphasized the prospective application of statutory provisions, rejecting the Revenue's appeal. Case-Laws Central Excise Tue, 09 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112933