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2015 (10) TMI 1155 - AT - Central ExciseDemand of interest on differential duty - Whether the appellant is required to pay interest in a case where duty alongwith part interest was paid voluntarily - Held that:- Issue is confined to demand of interest under Section 11AB. As it is admitted fact that there is substantial delay in payment of duty even though appellant has paid interest voluntarily. I am of the view that even though the duty was not determined under subsection (2) of Section 11A but when there admitted delay in payment of duty, interest provisions was made under Section 11AB and even prior to 11/5/2001 interest is chargeable on the delayed part of payment of duty. In the judgment of Hon'ble Supreme Court in the case of International Auto Ltd it becomes clear that interest is levied for loss of Revenue on any count. In view of the said decision interest was correctly demanded by the Adjudicating authority and upheld by the Ld. Commissioner (Appeals). Therefore I do not find any infirmity in the impugned order therefore the same is sustained - Decided against assessee.
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