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HON’BLE APEX COURT SET ASIDE EXCISE DUTY DEMAND IMPOSED ON OIL MARKETING COMPANIES

Taxation

HON’BLE APEX COURT SET ASIDE EXCISE DUTY DEMAND IMPOSED ON OIL MARKETING COMPANIES

January 21, 2025January 21, 2025majestylegalExcise Duty Demand, Oil Marketing Companies

Excise duty on OMCs set aside- SC

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APPEAL NOT MAINTAINABLE U/S 37 OF ARBITRAION ACT- Delhi HC

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STEP FORWARD! We represented this matter wherein Hon’ble Court acknowledged critical legal issues: whether demand can stand without a defined methodology under the Excise Act and whether penalty under Rule 26(1) was justified. Further scheduled for final hearing

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