https://www.taxtmi.com/highlights?id=47391 Area based exemption - Disallowing certain Investments made in North Eastern states - It appears to be a case of double penalty to a manufacturer being a law-abiding person who withdrew the money from the escrow account and made investments in the identified sectors with prior approval of the Jurisdictional Commissioner of Central Excise and that has been later disallowed by the committee and recovery proceedings are initiated. en-us Mon, 24 Jun 2019 07:29:08 +0530 Mon, 24 Jun 2019 07:29:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47391 Area based exemption - Disallowing certain Investments made in North Eastern states - It appears to be a case of double penalty to a manufacturer being a law-abiding person who withdrew the money from the escrow account and made investments in the identified sectors with prior approval of the Jurisdictional Commissioner of Central Excise and that has been later disallowed by the committee and recovery proceedings are initiated. Highlights Central Excise Mon, 24 Jun 2019 07:29:08 +0530 https://www.taxtmi.com/highlights?id=47391