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Vst Industries Limited vs The Commissioner Of Central Excise, on 12 June, 2025

Further, it is settled position of law that provisional assessment must be finalized comprehensively covering both classification and valuation and it cannot be partially finalized as held in appellant's own case in CCE, Hyderabad v. VST Industries Limited (Final order No.A/30848/2018 in Appeal No.E/1219/2010) and contended that the order dated 30.05.1997, effectively 2 1999 (114) ELT 162 (Tri.) 13 PSK,J&NNR,J cea_41_2008 concluded the proceedings under Rule 9B(5) of Rules, 1944 on adjusting the provisionally paid duties with the finally assessed duties, thereby finalizing the provisional assessment. However, the refund was rejected on the ground of 'unjust enrichment.' She further contended that in the present case, the principle of 'unjust enrichment' is inapplicable prior to 25.06.1999 as proceedings under Rule 9B of the Rules, 1944 and the issue in this case is no longer res integra.
Telangana High Court Cites 14 - Cited by 0 - P S Koshy - Full Document
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