Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2011 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (10) TMI 70 - AT - Central ExciseSupplementary invoice - Levy of interest on additional duty (Differential duty) - Held that:- hon'ble apex court in the case of Commissioner of Customs vs. SKF India Ltd. (2009 -TMI - 34092 - SUPREME COURT) had held that interest is leviable in case there is a delay in payment of duty and differential amounts are collected by raising supplementary invoices on account of price escalation. This position was further re-confirmed by the hon'ble apex court in the case of CCE vs. International Auto Ltd. - 2010 (1)TMI -151 - SUPREME COURT OF INDIA) - Decided in favor of revenue.
|