2001 (10) TMI 103 - HC - Central Excise

Summary

The High Court of Judicature at Madras heard a case related to textile business and Central Excise levy. The petitioner, running a business as "Tvl. Komalagowrie Textiles," surrendered the license for the period from 1-4-1999 to 31-3-2000. The court held that any allegation for this period is answerable by the new licensee, M/s. Selva Ganapathy Textiles. Liability depends on findings after an inquiry. The order of the Single Judge was modified accordingly.