Case Law Details
Case Name : Mewar polytex ltd. Vs union of India & ors (Supreme Court of India)
Appeal Number : Civil Appeal No. of 2010, Arising out of S.L.P. (C) No. 4038 of 2009
Date of Judgement/Order : 09/12/2010
Related Assessment Year :
Courts :
Supreme Court of India
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Court :Supreme Court
Citation :MEWAR POLYTEX LTD. Versus UNION OF INDIA & ORS
Brief :The necessary facts, in brief are, that the show cause notice dated 15.2.1999 was issued to the assessee alleging that it had wrongly taken credit to the extent of ` 5,37,799 under Rule 57A of the Rules, during August 1998. The notice also called upon the assessee to show cause and explain as to why the aforesaid credit, wrongly taken by the assessee should not be disallowed/recovered under provisions of Rule 57-I, and also why penal action under Rule 173Q (1)(bb) should not be taken, and interest should not be charged under Section 11 AB.
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