9911796707
TMI Blog2015 (3) TMI 206X X X X Extracts X X X X X X X X Extracts X X X X ..... amendment for exemption to TOW which comes into existence during the period 29.06.2010 to 07.05.2012 - Gazetted copy of the Finance Bill which has been produced and note the fact that by said Clause No.103 of the Bill it is rightly stated by ld.Counsel. We are informed Honble President of India was pleased to assent the Finance Act, 2014 and there is no change in said Clause No.102 and 103 of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... involved and take up the appeal for disposal. 2. On perusal of the records, we find that the show cause notice has been issued demanding duty liability on the appellant on the product TOW, which arises during the course of manufacture of Polyester Staple Fibre (PSF) and Polyester Staple Yarn (PSY). Show cause notice dt.05.06.2013 specifically states that the appellants are manufacturer of PSF ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... esident of India was pleased to assent the Finance Act, 2014 and there is no change in said Clause No.102 and 103 of the Finance Bill, 2014. 3. As there is legislative intent to exempt TOW by a retrospective amendment and that the period involved in this case is covered by the retrospective amendment, we are of the view that the impugned order is liable to be set aside and we do so. 4. The i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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