https://www.taxtmi.com/caselaws?id=115422 The Tribunal ruled in favor of M/s. Peninsula Polymers (now Terumo Penpol) in a case challenging a Show Cause Notice for differential duty on blood bags cleared before a Central Excise duty rate increase. The Tribunal held that duty could not be demanded on goods in the depot that were already duty paid but not yet sold when the duty rate changed. It emphasized that imposing new duty rates on goods post-clearance was unjustified and cautioned against retroactively applying new rates to goods already taxed, ultimately allowing the appeal against the duty demand. en-us Wed, 23 Feb 2005 00:00:00 +0530 Tue, 29 May 2012 15:49:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115422 The Tribunal ruled in favor of M/s. Peninsula Polymers (now Terumo Penpol) in a case challenging a Show Cause Notice for differential duty on blood bags cleared before a Central Excise duty rate increase. The Tribunal held that duty could not be demanded on goods in the depot that were already duty paid but not yet sold when the duty rate changed. It emphasized that imposing new duty rates on goods post-clearance was unjustified and cautioned against retroactively applying new rates to goods already taxed, ultimately allowing the appeal against the duty demand. Case-Laws Central Excise Wed, 23 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115422