https://www.taxtmi.com/caselaws?id=126287 Under the compounded levy scheme, the option to pay duty under Rule 96ZP(3) operated prospectively only from valid exercise and communication under Rule 96ZP(4). Because the factory remained closed from 1 August 1997 to 17 November 1997 and the option was furnished only on 17 November 1997, duty could not be demanded for the earlier period. The demand for the period before 17 November 1997 was therefore unsustainable, and liability attached only from 18 November 1997. en-us Thu, 26 Mar 2009 00:00:00 +0530 Mon, 05 Nov 2012 12:28:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126287 Under the compounded levy scheme, the option to pay duty under Rule 96ZP(3) operated prospectively only from valid exercise and communication under Rule 96ZP(4). Because the factory remained closed from 1 August 1997 to 17 November 1997 and the option was furnished only on 17 November 1997, duty could not be demanded for the earlier period. The demand for the period before 17 November 1997 was therefore unsustainable, and liability attached only from 18 November 1997. Case-Laws Central Excise Thu, 26 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126287