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Central Excise - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

100% EOU - Liability of interest - even though the duty is ...


EOUs Must Pay Interest on Unpaid Duties During De-bonding, Even with Voluntary Payment, Per Section 11A(2B).

March 14, 2018

Case Laws     Central Excise     AT

100% EOU - Liability of interest - even though the duty is voluntarily paid being not paid at the time of de-bonding, voluntarily as per Sub-scion (2B) of Sec 11A, interest is required to paid for the period of default as mentioned in the said provision - AT

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