https://www.taxtmi.com/caselaws?id=345443 The Tribunal upheld the Commissioner(Appeals)'s order, allowing the refund claim of the respondent and dismissing the Revenue's appeal. It clarified that Section 11 of the Central Excise Act applies only when there is a transfer of business, not merely the sale of assets, and that Section 11(e) cannot be applied retrospectively. The decision was based on legal precedents, ensuring the respondent was not liable for the previous owner's dues and was entitled to the refund claimed. en-us Fri, 09 Jun 2017 00:00:00 +0530 Mon, 29 Jan 2018 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345443 The Tribunal upheld the Commissioner(Appeals)'s order, allowing the refund claim of the respondent and dismissing the Revenue's appeal. It clarified that Section 11 of the Central Excise Act applies only when there is a transfer of business, not merely the sale of assets, and that Section 11(e) cannot be applied retrospectively. The decision was based on legal precedents, ensuring the respondent was not liable for the previous owner's dues and was entitled to the refund claimed. Case-Laws Central Excise Fri, 09 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345443