1998 (11) TMI 255 - AT - Central Excise

Summary

The appeal by M/s. Fort Gloster Industries Ltd. for a refund claim of Rs. 13,88,786.44 was rejected by the Appellate Tribunal CEGAT, CALCUTTA. The Tribunal found that the Central Duties of Excise (Retrospective Exemption) Act, 1986 did not apply in this case as the duty liability did not revert to pre-1-3-1986 levels. The Collector of Central Excise's decision to withdraw the refund was upheld, and the appeal was rejected.