TaxTMI 
TaxTMI 
2019 (12) TMI 1061
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....R The present Writ Petition has been filed to direct the respondent to finalise the assessment of the petitioner - Industrial Unit as directed by the Hon'ble Supreme Court in its decision in 2001 (133) ELT 513 with consequential relief of refund of Rs. 48,46,471.00 with interest at 18% per annum. 2.Heard the learned counsel appearing for the petitioner and the learned counsel appearing for t....
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....ay of March, 1998 or any other financial year as the case may be pay a sum of rupees five lakhs per month in two equal installments the first installment latest by the 15th day of each month, and the second installment latest by the last day of each month, and the amounts so paid shall be deemed to be full and final discharge of his duty liability for the period from the 1st day of September, 1997....
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....cannot take away any benefit which may accrue to the manufacturer under the provisions of the Act. The argument however does not appeal to us. It was absolutely optional for the manufacturer to opt for payment of excise duty in accordance with sub-rule 3 of Rule 96ZO) on the basis of total furnace capacity installed as provided therein. The manufacturer cannot opt twice during one financial year f....