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2010 (3) TMI 655 - HC - Central ExciseInterest - Misdeclaration of value of machinery (Less than Rs. 3 crore) – availed Compounded levy scheme – Differential duty paid before issuance of show cause notice – respondent fully knew that value of their plant and machinery was well above Rs. 3 crores and hence they were not entitled to pay the duty of excise under the compounded levy scheme - Held that: - The respondent had mis-declared the value of plant and machinery and was liable to pay the differential duty of excise along with interest.
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