2024 (4) TMI 428 - SCH - Central Excise

Quantum of computation/the cum-duty price - Interpretation of Notification No.02/2006 dated 01.03.2006, as amended by the Notification No.16/2006 dated 11.07.2006, thereby superseding notification no. 13/2002 dated 01.03.2002 - HELD THAT - Parties are directed to appear before the CESTAT, Ahmedabad on 02.05.2024, when a date of hearing will be fixed. The review petitions are allowed and disposed of.

Summary

Issues involved:
The judgment deals with the interpretation of a notification related to Central Excise, specifically focusing on the quantum of computation/cum-duty price.

Interpretation of Notification No.02/2006:
The Supreme Court, in a previous judgment, allowed the appeal by the revenue/CEC, Ahmedabad, and set aside the order passed by CESTAT regarding the interpretation of Notification No.02/2006 dated 01.03.2006, as amended by Notification No.16/2006 dated 11.07.2006, superseding Notification No. 13/2002 dated 01.03.2002.

Decision on Quantum of Computation:
The Court directed CESTAT to decide the appeal(s) by the petitioner - M/s Urmin Products Pvt. Ltd., limited to the question of quantum of computation/the cum-duty price, excluding other issues and contentions. The parties were instructed to appear before CESTAT on 02.05.2024 for fixing a date of hearing to expedite the process.

Review Petitions Allowed:
The review petitions were allowed and disposed of, with Civil Appeal Nos. 10159-10161/2010 being treated as restored to their original number and disposed of accordingly. The Court clarified that no comments were made on the merits of the claims regarding the quantum of computation/cum-duty price by either party.

Disposition of Pending Applications:
Any pending applications were deemed disposed of as per the terms of the judgment, providing clarity on the specific issues addressed in the case.