Draconian 32/2006 - AP High Court also stays order
Remember the draconian Notification No. 32/2006 CENT dated 30.12.2006, which was CBEC's NEW YEAR gift to the trade, under which a Board Member can freeze Cenvat credit, deny facility of monthly payment and post a big brother in the factory? The hyperactive Board had already issued orders doing some of these things and as predicted by DDT, these are being challenged in various High Courts. The AP High Court yesterday stayed one such order. The lawyers of this country should be grateful to the CBEC for giving them new opportunities. I know a Law firm which has filed writs in several High Courts on this issue.