2015 (8) TMI 809

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..... missioner of Central Excise, Pune Vs SKF India Ltd. reported in [2009 (7) TMI 6 - SUPREME COURT ] held that payment of differential duty at a later date is clearly a case of short-payment of duty at the time of clearance and, therefore, interest is payable under Section 11AB of Central Excise Act, 1944. The Hon’ble Supreme Court restored the order passed by the Assistant Commissioner insofar as c .....

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..... e liable to pay interest under Section 11AB of the Central Excise Act, 1944 on differential duty paid consequent to price escalation after clearance of goods by raising supplementary invoices. 3. Learned Counsels on behalf of the assessees submit that in some cases penalty is also imposed along with interest. 4. We find that the Hon ble Supreme Court in the case of Commissioner of Central .....

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