TMI BlogINTEREST PAYMENT ON SUPPLEMENTARY INVOICE RAISEDX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, Is interest payable on supplementary invoice raised on price revisions with retrospective effect, please clarify with any references regarding this,pls explain, thanks and regards. - Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y By Naveed S - The Reply = Yes, interest is payable with retrospective effect on the supplementary invoices raised due to price revisions. Interest would be payable at 18 percent per annum from the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... date of issuing the initial/original invoice. For ready reference on the said issue, refer the Supreme Court of India judgement in the matter of Commissioner of Central Excise, Pune Versus M/s SK ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... F India Ltd. 2009 (7) TMI 6 - SUPREME COURT. - Reply By Pradeep Khatri - The Reply = Dear Sandesh, It is settled legal position that interest is payable on the issuance of Supplementary Invo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ices. Regards, Team YAGAY and SUN (Management and Indirect Tax Consultants) - INTEREST PAYMENT ON SUPPLEMENTARY INVOICE RAISED - Query Started By: - SANDESH SHINDE Dated:- 24-7-2014 Cen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tral Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanageme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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