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2013 (10) TMI 665 - CESTAT NEW DELHIRecovery of interest - extended period of Limitation u/s 11A – Whether the limitation period prescribed under Section 11A is applicable for recovery of interest on wrongly taken cenvat credit or not - Held that:- In HINDUSTAN INSECTICIDES LTD. Versus COMMR. OF C. EX. & SERVICE TAX (LTU) [2013 (3) TMI 456 - CESTAT NEW DELHI] it was held that, limitation period as prescribed in Section 11A would be applicable for recovery of interest also - recovery of interest on duty is subject to limitation period prescribed under Section 11-A - Prima facie the appellant have prima facie case on merits - imposition of penalty also does not appear to be warranted - the requirement of pre-deposit of interest demand and penalty is waived for hearing of the appeal and recovery stayed till the disposal of the appeal - Stay granted.
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