https://www.taxtmi.com/caselaws?id=203855 Abatement of excise duty under the compounded levy scheme was available only on strict compliance with Rule 96ZO(2), including furnishing the prescribed particulars of finished goods and raw material on the date of closure. Failure to supply that mandatory information disentitled the assessee to relief. The argument that meter reading could not be provided because the meter was sealed did not excuse non-compliance with the rule's conditions. The claim for abatement was therefore rejected, and the issue was resolved in favour of the revenue. en-us Mon, 08 Nov 2010 00:00:00 +0530 Sat, 21 May 2011 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203855 Abatement of excise duty under the compounded levy scheme was available only on strict compliance with Rule 96ZO(2), including furnishing the prescribed particulars of finished goods and raw material on the date of closure. Failure to supply that mandatory information disentitled the assessee to relief. The argument that meter reading could not be provided because the meter was sealed did not excuse non-compliance with the rule's conditions. The claim for abatement was therefore rejected, and the issue was resolved in favour of the revenue. Case-Laws Central Excise Mon, 08 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203855