https://www.taxtmi.com/caselaws?id=167500 A compounded levy fixed by notification under Rule 96-ZI of the Central Excise Rules remained duty of excise chargeable under the parent statute at a modified rate. On that basis, the Finance Act, 1978 imposed a special excise duty equal to five per cent of the amount so chargeable, and Section 37(3) made it additional to the basic duty. The special duty was therefore recoverable over and above the compounded levy, and the demand was upheld. en-us Wed, 26 Jun 1985 00:00:00 +0530 Mon, 22 Dec 2014 16:15:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167500 A compounded levy fixed by notification under Rule 96-ZI of the Central Excise Rules remained duty of excise chargeable under the parent statute at a modified rate. On that basis, the Finance Act, 1978 imposed a special excise duty equal to five per cent of the amount so chargeable, and Section 37(3) made it additional to the basic duty. The special duty was therefore recoverable over and above the compounded levy, and the demand was upheld. Case-Laws Central Excise Wed, 26 Jun 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167500