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Central Excise - Highlights / Catch Notes

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Revenue Neutrality - Levy of differential liability - price ...


Price Variation Clause Ensures Revenue Neutrality; Duty Paid Becomes Credit for Sister Unit, Maintaining Exchequer Balance.

May 18, 2023

Case Laws     Central Excise     AT

Revenue Neutrality - Levy of differential liability - price variation clause - The entire exercise is revenue neutral as the duty paid by them will be available as credit for their sister unit - As the entire exercise would be revenue neutral, there is no loss of revenue to the exchequer. - AT

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