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CESTAT: Deposits in Profit and Loss Account is Not Duty Under Excise Act - (24 Mar 2022)

EXCISE

Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has ruled that deposit in Profit & Loss Account is not duty and therefore, provisions of Section 11A of the Central Excise Act, 1944 does not apply.

Tags : CUSTOMS   EXCISE   AND SERVICE TAX APPELLATE TRIBUNAL   DEPOSITS IN PROFIT AND LOSS ACCOUNT  

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