TMI Blog2019 (7) TMI 252X X X X Extracts X X X X X X X X Extracts X X X X ..... the differential duty on account of price escalation clause, stands covered in favour of the revenue by the decision of the Hon ble Apex Court in M/S. STEEL AUTHORITY OF INDIA LTD. VERSUS COMMISSIONER OF CENTRAL EXCISE, RAIPUR [ 2019 (5) TMI 657 - SUPREME COURT] where it was held that Undoubtedly, the amended provisions of Section 11A empowered recovery of duty even in a case where the classific ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and transmission line. During the course of audit of accounts, it was noticed that appellants inter alia cleared goods to M/s APTRANSCO Ltd and M/s Power Grid NM Transmission Ltd. They have entered into agreement with these clients for design, loading, supply and unloading on FOR destination basis including transport of materials etc. The total price agreed was on FOR basis. There was a price es ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0/2013, 1522-23/2013 and 599/2013 dated 08.05.2019 in the case of Steel Authority of India Ltd as reported in 2019 (5) TMI Supreme Court. 4. Learned AR, Shri Gautam Mukherjee appeared on behalf of the department. 5. Heard both sides. The issue whether assessee is liable to pay interest on the differential duty on account of price escalation clause, stands co ..... X X X X Extracts X X X X X X X X Extracts X X X X
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