https://www.taxtmi.com/caselaws?id=333549 The Tribunal allowed the change of cause title from Bhuwalka Steel Industries Ltd to Deccan Alloys Pvt Ltd. It upheld the demand for payment of differential duty under the compounded levy scheme but set aside the imposition of penalty and interest, following the Supreme Court's ruling. The constitutional validity of Rule 5 was upheld by the Karnataka High Court, with the matter pending before the Supreme Court. The Tribunal aligned its decision with the Supreme Court's ruling and disposed of the appeals accordingly. en-us Fri, 07 Oct 2016 00:00:00 +0530 Mon, 17 Oct 2016 18:33:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333549 The Tribunal allowed the change of cause title from Bhuwalka Steel Industries Ltd to Deccan Alloys Pvt Ltd. It upheld the demand for payment of differential duty under the compounded levy scheme but set aside the imposition of penalty and interest, following the Supreme Court's ruling. The constitutional validity of Rule 5 was upheld by the Karnataka High Court, with the matter pending before the Supreme Court. The Tribunal aligned its decision with the Supreme Court's ruling and disposed of the appeals accordingly. Case-Laws Central Excise Fri, 07 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333549