TMI Blog2011 (1) TMI 708X X X X Extracts X X X X X X X X Extracts X X X X ..... e liability in terms of the Rule 6 provisions enacted in the Finance Act, 2010 within six months of 8.5.2010 when the President accorded assent to the Finance Act, 2010 - It is submitted that the application filed by the assessee for discharging their liability in terms of the above provisions stands rejected by the jurisdictional Commissioner owing to the pendency of the instant appeal before the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ue processes of law, the Adjudicating Authority demanded 10% of the value of the exempted final products cleared by the assessee during the period February 2008 and March 2008. The impugned order accordingly demanded an amount of Rs.38,02,795/- with applicable interest and imposed penalties of Rs.15,000/- and Rs.2,000/- under Rule 25 of Central Excise Rules, 2002 and Rule 15 (3) of Cenvat Credit R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the above provisions enacted in the Finance Act, 2010 within six months of 8.5.2010 when the President accorded assent to the Finance Act, 2010. It is submitted that the application filed by the assessee for discharging their liability in terms of the above provisions stands rejected by the jurisdictional Commissioner owing to the pendency of the instant appeal before the Tribunal. It is submit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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