LAW FOR ALL

MODVAT - REFUND OF THE SAME WITH INTEREST AFTER 30 DAYS - the company is liable to pay MODVAT under Central Excise Act on HSD oil used in manufacturing yarns etc., and also liable to pay interest as it was not refunded with in 30 days of notice as the exemption granted to HSD oil was withdrawn by a Notification by central Govt. - High court wrongly find a fault on the government - allowed the writs - Apex court set aside the orders as there is no challange abount the vlaidity of notification or about sec.112 of Finance Act - they can not escape liability to refund the availd MODVAT with interest DESPITE OF NOTIFICATION = Union of India & Ors. Appellants Versus Maharaja Shree Umaid Mills Respondent = published in / cited in / Reported in judis.nic.in/supremecourt/filename=41098