Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2008 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (7) TMI 679 - AT - Central ExciseExtract: .......from the respondents as liability to pay interest is in the nature of a quasi-punishment. In other words, by virtue of the apex court rsquo s ruling, the benefit of Explanation to Section 132 of the Finance Act, 2001 gets extended to interest also. The impugned order gets set aside and this appeal is allowed. (Dictated and pronounced in open court)
|