Substantial benefit cannot be denied for mere procedural lapse: HC

CA Urvashi Porwal Brief of the Case In the case of Commissioner Central Excise vs M/S Indian Oil Corporation Ltd, it was held by Punjab and Haryana High Court that substantive benefits provided by a notification cannot be denied on account of procedural lapses by the assessee. Brief Facts of the Case The respondent-Corporation, who is engaged in the manufacturing of petroleum products, was issued a show cause notice dated 10.05.2007 by the office of the Commissioner of Central Excise, Rohtak on the ground that 5% EBP was exempted from payment of whole of central excise duty upto 30.06.2004 vid...