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2013 (8) TMI 156 - AT - Central ExciseInterest chargeable under Section 11AB - Appellants had supplied finished goods to their customers under contract with price escalation clause - on finalization of price, the same was revised upwards from back date and on receipt of differential amount on account of price escalation, the appellant paid the Central excise duty chargeable on the same - Appellant did not pay the interest on this duty paid under supplementary invoices – Held that:- Relying upon the Apex Court judgment in the case of CCE Pune vs. S K F Bearings Ltd. reported in [2009 (7) TMI 6 - SUPREME COURT], it was held that interest is payable under section 11AB – Decided against the Assessee.
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