"29 March 1996" Archive

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

Circular No. 194/28/96-Central Excise 29/03/1996

Circular No. 194/28/96-CX In the Case of U.O. I. & Others v. M.R.F. Ltd & others, the Hon"ble Supreme Court in its order dated 3.5.95 has decided that in case of sales where payments are received quite dated 3.5.95 has decided that in case of sales where payments are received quite some time later if interest is charged from the date of...

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