https://www.taxtmi.com/caselaws?id=185125 The court addressed the interpretation of the New Industrial Policy and related concessions in the North-eastern region, focusing on the refund of excise duty benefits for investments. It emphasized the need for assessment by the Investment Appraisal Committee to verify the validity of investments made by the assessee. The Union of India's objection to constituting a Committee post the scheme's expiration was rejected, and their challenge before the Apex Court was dismissed. The Apex Court directed the Committee to conclude its work promptly and recover incentives if necessary. The petitions were disposed of, with demand notices suspended pending the Committee's report, allowing petitioners to seek redress if needed. en-us Mon, 03 Mar 2014 00:00:00 +0530 Mon, 01 Aug 2016 16:30:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185125 The court addressed the interpretation of the New Industrial Policy and related concessions in the North-eastern region, focusing on the refund of excise duty benefits for investments. It emphasized the need for assessment by the Investment Appraisal Committee to verify the validity of investments made by the assessee. The Union of India's objection to constituting a Committee post the scheme's expiration was rejected, and their challenge before the Apex Court was dismissed. The Apex Court directed the Committee to conclude its work promptly and recover incentives if necessary. The petitions were disposed of, with demand notices suspended pending the Committee's report, allowing petitioners to seek redress if needed. Case-Laws Central Excise Mon, 03 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185125