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Rate of interest for payment of confirmed demand.

Central Excise - Started By: - vinay wakde - Dated:- 28-7-2016 Last Replied Date:- 30-7-2016 - We have received show cause notice on Input services on which we have taken CENVAT credit during Feb, 2014 and utilized for payment of Excise duty. Since, we have find no merits in our case and credit amount is negligible after demand confirmed by the Commissioner (Appeals), we shall be reversing the duty with Interest and Penalty. Kindly let us know Interest rate for relevant period.Regards,VINAY - Re .....

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