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2019 (11) TMI 233 - AT - Central ExciseCalculation of interest on duty demanded - relevant date for calculation of interest - case of appellant is that they are required to pay interest only from the date of ascertainment of the duty by the Commissioner (Appeals) - HELD THAT:- Appellant is liable to pay interest from 24.02.2012 on the demand that has been confirmed. The prayer of the appellant is allowed. With respect to liability to pay interest it is limited from 24.2.2012 to the date of payment of the duty amount. The Ld. A.R has relied upon the decision of the Hon’ble Apex Court in the case of M/S. STEEL AUTHORITY OF INDIA LTD. VERSUS COMMISSIONER OF CENTRAL EXCISE, RAIPUR [2019 (5) TMI 657 - SUPREME COURT] - On perusal of the facts of the case the question that was considered by the Hon’ble Apex Court is with regard to interest liability in the case of final determination of duty when the assessee resorts to provisional assessment. Therefore, the said case is distinguishable on facts. Appeal allowed - decided in favor of appellant.
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