Levy of Central Excise duty on interest recovery payment - Board's ruling under Section 37B Order - Clarification reg.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ry of Finance (Department of Revenue) Central Board of Excise and Customs, New Delhi Subject : Levy of Central Excise duty on interest recovery payment - Board's ruling under Section 37B Order - Clarification reg. In the case of U.O.I. & Others v. M.R.F. Ltd. & Others, the Hon'ble Supreme Court in its order dated 3-5-1995 has decided that in case of sales where payments are received quite some....