ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Excise Authorities' Attitude Compounding Recession

The attitude of the excise authorities holding plant and machinery to be excisable, mechanically following a Supreme Court judgment which has all but been reversed by subsequent judgments, and piling up large tax demands on industry is threatening to aggravate the recession in industry.

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