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2014 (7) TMI 566 - AT - Central ExciseLevy of interest on differential duty raised through supplementary invoice - retrospective increase of price of finished goods - Held that:- Payment of differential duty at a later date is clearly a case of short payment of duty though completely unintended and without element of deceit but interest is payable for the delayed payment. The Hon'ble Supreme Court upheld the demand of interest and set aside the penalty. It is seen that the said order of the Supreme Court was followed in later judgement in the case of CCE Vs International Auto Ltd. - [2010 (1) TMI 151 - SUPREME COURT OF INDIA]. In view of that, we uphold the demand of interest and set aside the penalty - Decided partly in favour of assessee.
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