Area based exemption - benefits under the Northeast Industrial ...

Northeast Industrial Policy allows special rate claims for add-ons; standard rate enforcement without decision is inappropriate.

May 4, 2021

Case Laws Central Excise HC

Area based exemption - benefits under the Northeast Industrial Policy - As the Notification dated 27.03.2008 provides for a legal right to the assessee to claim for a special rate to be fixed in the event of there being any add-ons to the goods manufactured, without an appropriate decision being taken on such claim for special rate, it would be inappropriate for the department to proceed against the petitioners as per the rates provided in the Notification dated 27.03.2008. - HC

View Source

← Previous Next →

Area based exemption - benefits under the Northeast Industrial ...

Northeast Industrial Policy allows special rate claims for add-ons; standard rate enforcement without decision is inappropriate.

May 4, 2021

Case Laws Central Excise HC

You may also like:

Cabinet approves North-East Industrial Development Scheme (NEIDS) 2017

PCIT's view that section 36 allows deduction only for bad and doubtful debts, not for provision on standard assets, was challenged. AR presented case laws allowing...

Industrial Policy.

Area Based exemption - refund of Excise duty - benefit of N/N. 20/2008-Central Excise - This petition stands disposed of by directing the Principal Commissioner of GST...

HC directed respondents to extend industrial promotion policy benefits to petitioner within 3 months. While respondents acknowledged petitioner's construction investment...

TP Adjustment - Impute interest on receivables - LIBOR + 200 basis point rate is most appropriate rate and hence, direct the AO/TPO to adopt LIBOR + 200 basis point for...

Seeks to prescribe rates of Special Additional Excise Duty for exports of petrol and diesel - Notification

Seeks to increase the effective rate of Special Additional Excise Duty on Petrol and Diesel.

Claim of foreign exchange fluctuation loss - ECB was availed for the purpose of expansion of three existing industrial units, hence, not on capital account and further...

Rejection of benefits/incentives admissible under the Bihar Industrial Incentive Policy, 2011 - the two arms of the State Government have to act within the stipulation...

The Central Government de-notifies an area of 17.6264 hectares from the sector-specific Special Economic Zone for Apparel Sector at Ahmedabad, Gujarat, thereby reducing...

Doctrine of promissory estoppel - Claiming benefit as per the old exim policy - new exim policy does not grant such benefit - when the new Exim Policy 1990-93 is held to...

The assessee's request for fixation of special rate of brand-rate drawback was rejected due to non-fulfilment of basic requirements and time limitation. The assessee...

Obsolete inventory written off in accordance with accounting standards and audited financial statements should be allowed as deduction. Coordinate Bench in BG...

Transfer pricing adjustment - Determination of arm's length price for power transferred by assessee's captive power plant to non-eligible manufacturing units, reducing...

Quick Updates: