Case Name : Associated cement cos. Ltd. Vs. Director of inspection, CCE
Citation : [1985] 153 ITR 322 (SC)
Court : Supreme Court
Section : 280ZB TO 280ZD
Meaning : It is true that the expression ‘leviable’ is an expression of wide import and includes stages of quantification and recovery of the duty but in the context in which that expression has been used in clause (b) of sub-section (6) of section 280zd of the 1961 act, it is clear that it has been used in the sense of chargeability of the duty. In other words, the duty of excise in respect whereof tax credit is available would be in respect of such duty of excise as is chargeable under the excise act.