Saturday, 12 December 2015

No recovery of excise dues from purchaser if it had only bought assets of a wound up company

Excise & Customs: Where assessee had only purchased assets of a company which was ordered to be wound up and said company was not taken over as a running business, liability of past Central Excise dues payable by old company could neither be fastened nor be recovered from assessee

No comments:

Post a Comment