https://www.taxtmi.com/caselaws?id=41064 Excess excise duty collected by a sugar mill on levy sugar was not refundable to the mill where the statutory scheme required transfer of the amount to the Levy Sugar Price Equalisation Fund for reimbursement to the actual consumers. The analysis relied on the Supreme Court's directions in Newabganj Sugar Mills and the later 1976 Fund mechanism, together with the view that refund claims for the differential duty could not be accepted in favour of the collecting mill. The operative effect was that the excess duty had to be credited to the Fund and could not be retained by the manufacturer. en-us Tue, 31 Mar 1981 00:00:00 +0530 Thu, 20 May 2010 17:03:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41064 Excess excise duty collected by a sugar mill on levy sugar was not refundable to the mill where the statutory scheme required transfer of the amount to the Levy Sugar Price Equalisation Fund for reimbursement to the actual consumers. The analysis relied on the Supreme Court's directions in Newabganj Sugar Mills and the later 1976 Fund mechanism, together with the view that refund claims for the differential duty could not be accepted in favour of the collecting mill. The operative effect was that the excess duty had to be credited to the Fund and could not be retained by the manufacturer. Case-Laws Central Excise Tue, 31 Mar 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41064