2013 (9) TMI 718

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....N.K. Busad, CA, for the Appellant. Shri A.K. Sharma, JDR, for the Respondent. ORDER Heard both sides. The appellants filed this application for keeping proceedings in pursuance to the impugned order in abeyance. 2. The Commissioner of Central Excise in the impugned order rejected the application filed by the applicants in pursuance to the retrospective amendment of Central Excise Rules....

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....plicants had a strong case. 4. We find that as per the provisions of Finance Act, 2010 vide which the Rules were amended retrospectively provides that the manufacturer has to reverse the amount along with interest and has to file an application within a period of six months from the date on which the Finance bill receives the assent of the President of India. For ready reference, the provisions....