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2019 (10) TMI 1305 - CESTAT ALLAHABADDemand of Interest on Differential Duty - Valuation - price variation clause - manufacture of transformers and parts thereof - HELD THAT:- Hon’ble Supreme Court decision in the case of SKF Limited [2009 (7) TMI 6 - SUPREME COURT] was subsequently referred to three Judge Bench in the case of M/S. STEEL AUTHORITY OF INDIA LTD. VERSUS COMMISSIONER OF CENTRAL EXCISE, RAIPUR [2019 (5) TMI 657 - SUPREME COURT] The three Judge Bench of the Hon’ble Supreme Court in the case of SAIL has held that where the differential duty, on account of variation/enhancement in the price is paid subsequently, the interest element gets raised from the date when the duty was required to be paid till the date when it was paid. Appeal dismissed - decided against appellant.
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