https://www.taxtmi.com/caselaws?id=330476 The court dismissed the petitions challenging the validity of Sections 131(b), 132(1)(a), and 132(2) of the Finance Act, 1999, and Sub-rule (4A) of Rule 57F of the Central Excise Rules, 1944. It upheld the retrospective validation of Rule 57F(4A), finding it constitutional and not violating the Petitioners' rights. The court deemed the legislative policy rational and reasonable, stating that the burden on the Petitioners was not significant enough to invalidate the rule. en-us Fri, 22 Jul 2016 00:00:00 +0530 Wed, 04 Jan 2017 14:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330476 The court dismissed the petitions challenging the validity of Sections 131(b), 132(1)(a), and 132(2) of the Finance Act, 1999, and Sub-rule (4A) of Rule 57F of the Central Excise Rules, 1944. It upheld the retrospective validation of Rule 57F(4A), finding it constitutional and not violating the Petitioners' rights. The court deemed the legislative policy rational and reasonable, stating that the burden on the Petitioners was not significant enough to invalidate the rule. Case-Laws Central Excise Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330476