2010 (12) TMI 1144 - SCH - Central Excise

Interest- The respondent had been paying the duty in terms of the value arrived at on the date of payment of duty. However the appellant by contending that there was a delay in payment of duty on account of variation in price issued a show cause notice by demanding interest and penalty on the delayed payment of duty for the period from 1.4.2003 to 31.3.2004. Adjudicating authority and Commissioner (Appeals) uphold the demand. The respondents thereafter preferred an appeal before the tribunal which was allowed.