THE TATA IRON AND STEEL CO.LTD., BIHAR vs THE COLLECTOR OF CENTRAL EXCISE,PATNA

The Supreme Court examined the applicability of Notification No. 281/86 under the Central Excise Act, 1944, in relation to parts of loco wagons and rolling stock. The Court held that the benefit of the notification was not available as the machinery for which the parts were intended had not been installed in the factory, thus affirming the decisions of the lower authorities. Additionally, the Court ruled that the show cause notices were issued within the prescribed period of limitation as per Rule 196 of the Central Excise Rules, 1944, despite the appellant's claims.