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2023 (2) TMI 181 - SC - Central ExciseInterest on differential duty from the date of clearance of goods - payment of duty assessed provisionally by the Jurisdictional Assistant/Deputy Commissioner of Central Excise under Section 7(1) of the Central Excise Act, even though the provisional duty had been paid prior to the date of the passing of the final assessment order under Section 7(3) of the Central Excise Act, 2002. HELD THAT:- The issues raised in this case are squarely covered in M/S. STEEL AUTHORITY OF INDIA LTD. VERSUS COMMISSIONER OF CENTRAL EXCISE, RAIPUR [2019 (5) TMI 657 - SUPREME COURT], where it was held that Section 11A and section 11AB as it stood at the relevant time did not provide read with the rules any other point of time when the amount of duty could be said to be payable and so equally the interest. Thus, interest would be payable from the due date of payment of provisional duty for the purpose of removal of the goods in question till the date of payment of the balance/differential duty upon final assessment. SLP disposed off.
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