https://www.taxtmi.com/article/detailed?id=10299 The Commissioner invoked confiscation powers under a provision of the Central Excise Rules that had been omitted before the dates of confiscation, so those powers could not be validly exercised; after insertion of a statutory first charge in the Central Excise statute the charge remains subject to the SARFAESI regime, and where conflict arises the secured creditor's priority may prevail over central excise dues, requiring fact-specific analysis of competing statutory schemes. en-us Wed, 02 Mar 2022 12:56:33 +0530 Wed, 02 Mar 2022 12:56:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10299 The Commissioner invoked confiscation powers under a provision of the Central Excise Rules that had been omitted before the dates of confiscation, so those powers could not be validly exercised; after insertion of a statutory first charge in the Central Excise statute the charge remains subject to the SARFAESI regime, and where conflict arises the secured creditor's priority may prevail over central excise dues, requiring fact-specific analysis of competing statutory schemes. Articles Central Excise Wed, 02 Mar 2022 12:56:33 +0530 https://www.taxtmi.com/article/detailed?id=10299