Finance Act, 1996

The Union of India challenged two show‑cause notices issued to Mahindra & Mahindra Ltd. for alleged short payment of excise duty for the years 1982‑85, contending that the Department had misapplied Section 4 of the Central Excise Act. The High Court set aside the notices, holding that the post‑1996 amendment to Section…

M/s. Sanghvi Reconditioners Pvt. Ltd., a ship‑repair unit, was found to have imported engineering cargo as "ship spares" and then sold the goods to a third party, thereby fraudulently claiming exemption under Notification No.211/83. The Customs Commissioner demanded duty, penalty and interest; the appellant withdrew it…

M/s. Jaswal Neco Ltd., a pig‑iron manufacturer, imported low‑ash metallurgical coke between June and August 1998 under export‑obligation exemptions. It failed to fulfill the export condition and was assessed a demand of Rs 7.21 crore comprising basic customs duty, special customs duty, special additional duty, and anti…