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calculation of interest in case of call book cases

Allied Laws - Started By: - jagannath prasad - Dated:- 2-4-2017 Last Replied Date:- 5-4-2017 - Dear Sirs,Is there any Board's clarification on charging of interest for the period under call book in cases where department has gone in appeal to Courts which normally takes long time before it is decided. If not, what is the way out for the assessee because in such cases he will have to pay a large sum of money as interest for no fault of his. - Reply By MADAN RAHEJA - The Reply = Unfortunatly n .....

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ort the views of Sh.Madan Raheja, Sir. categories of cases which can be transferred to the Call Book, namely, i. Cases in which the department has gone in appeal to the appropriate authority, ii. Cases where injunction has been issued by Supreme Court/High Court/CEGAT, etc. iii. Cases where audit objections are contested. (stands rescinded vide Circular No. 1023/11/2016-CX, dated 8-4-2016) [2016 (334) E.L.T. (T46)] iv. Cases where the board has specifically ordered the same to be kept pending an .....

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