"12 December 2008" Archive

Anti dumping duty on imports of certain rubber chemicals

Notification No. 133/2008-Customs (12/12/2008)

For the purposes of this notification "rate of exchange" applicable for the purposes of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 o...

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Exempts 10% ethanol blended petrol from duty of excise

Notification No. 62/2008-Central Excise [G.S.R. 885(E)] (24/12/2008)

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 111 of the Finance (No 2) Act, 1998 ( 21 of 1998) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts 10% ethanol blended petro...

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If Assessee has merely taken cenvat credit and not utilized or taken any advantage of such credit, payment of interest is not sustainable

Lafarge India Pvt. Ltd. Vs CCE (CESTAT Delhi)

Lafarge India Pvt. Ltd. V. CCE (CESTAT Delhi) - Merely credit was taken by the assessee and not utilized and not taken any advantage of such credit, payment of interest is not sustainable. There is no allegation that the appellant utilized or taken any advantage of the credit and therefore recovery of interest is set aside. ...

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