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2018 (3) TMI 407 - AT - Central ExciseEOU - demand of interest - N/N. 52/2003-CUS and 22/2003-CE - imported raw materials on which duty has been foregone and material utilised for manufacturing of finished goods - Held that: - even if the Revenue Authorities demand the interest liability, on the raw-materials which were imported and used, the amount paid excess by the respondent would suffice for the demand of the interest, if any - It can be noticed that any excess payment can be adjusted towards the duty of payable by a person is contemplated and it would mean including the interest also and in this case there cannot be any recovery of interest - interest not warranted - appeal allowed in part.
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