If the assessee has paid excess payment, the excess payment ...
Excess Payment Adjustment: No Penalty Imposed If Duty and Interest Are Settled After Adjustment.
May 8, 2014
Case Laws Central Excise HC
If the assessee has paid excess payment, the excess payment should be adjusted towards the amount due and after deduction, no duty is payable or no interest is payable, the question of imposing penalty would not arise at all - HC
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