22 April 2024


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CESTAT: Deposits in Profit and Loss Account is Not Duty Under Excise Act - 24.03.2022

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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