https://www.taxtmi.com/caselaws?id=41989 The High Court held that the reclassification of collapsible tubes under excise duty, following amendments in the Finance (No. 2) Bill 1980, did not impose a new tax but altered the assessable value of the goods. The Court deemed the declaration made under the Provisional Collection of Taxes Act, 1931, as ultra vires, directing the respondents to refund the excise duty amount to the petitioner. The Court emphasized that the amendments did not introduce a new tax and ordered the refund with interest at 12% per annum if not made within three months, with no costs awarded to either party. en-us Wed, 01 Jul 1987 00:00:00 +0530 Tue, 08 Jun 2010 13:59:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41989 The High Court held that the reclassification of collapsible tubes under excise duty, following amendments in the Finance (No. 2) Bill 1980, did not impose a new tax but altered the assessable value of the goods. The Court deemed the declaration made under the Provisional Collection of Taxes Act, 1931, as ultra vires, directing the respondents to refund the excise duty amount to the petitioner. The Court emphasized that the amendments did not introduce a new tax and ordered the refund with interest at 12% per annum if not made within three months, with no costs awarded to either party. Case-Laws Central Excise Wed, 01 Jul 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41989