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Central Excise - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

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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