https://www.taxtmi.com/caselaws?id=167243 A special excise duty introduced by the Finance Bill, 1978 became leviable only when it came into force after the expiry of the Budget day under the Provisional Collection of Taxes Act, 1931. Rule 224(2A) undertakings to pay duty at the enhanced rate could operate only for clearances made after the levy became effective and could not extend to removals made before midnight on the same day. The pre-midnight clearances were therefore not liable to special excise duty, and the demand was unsustainable. en-us Fri, 28 Dec 1984 00:00:00 +0530 Fri, 12 Dec 2014 14:56:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167243 A special excise duty introduced by the Finance Bill, 1978 became leviable only when it came into force after the expiry of the Budget day under the Provisional Collection of Taxes Act, 1931. Rule 224(2A) undertakings to pay duty at the enhanced rate could operate only for clearances made after the levy became effective and could not extend to removals made before midnight on the same day. The pre-midnight clearances were therefore not liable to special excise duty, and the demand was unsustainable. Case-Laws Central Excise Fri, 28 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167243