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2016 (8) TMI 38 - AT - Central ExciseInterest on delayed payment of differential duty - period of limitation - demand of interest issued after 3 years - At the time of clearance, the Appellants adopted the CAS-4 data of previous year to arrive at the cost of production, and on receipt of the actual data, they re-determined the assessable value and paid the differential duty. - Held that:- It is the contention of the Appellant now before this forum is that the demand for interest since issued in 2012, hence barred by limitation. - following the decision in the case of Hindustan Insecticides Ltd (2013 (8) TMI 225 - DELHI HIGH COURT), demand of interest set aside - Decided in favor of assessee.
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