Excise duty recovery bypasses show cause notice; area-based exemption nullified retroactively per Finance Bill 2003, Section 154(4).

Excise duty recovery bypasses show cause notice; area-based exemption nullified retroactively per Finance Bill 2003, Section 154(4). https://www.taxtmi.com/highlights?id=22965 Recovery of excise duty without issuance of show cause notice - useless formality theory - area based exemption was Nullified with retrospective effect - In view of Section 154(4) of Finance Bill, 2003 the period of six months provided under Section 11-A would not apply - SC en-us Fri, 15 May 2015 13:48:30 +0530 Fri, 15 May 2015 13:48:30 +0530 TaxTMI RSS Generator Excise duty recovery bypasses show cause notice; area-based exemption nullified retroactively per Finance Bill 2003, Section 154(4). https://www.taxtmi.com/highlights?id=22965 Recovery of excise duty without issuance of show cause notice - useless formality theory - area based exemption was Nullified with retrospective effect - In view of Section 154(4) of Finance Bill, 2003 the period of six months provided under Section 11-A would not apply - SC Highlights Central Excise Fri, 15 May 2015 13:48:30 +0530 https://www.taxtmi.com/highlights?id=22965