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TMI Blog2012 (7) TMI 570X X X X Extracts X X X X X X X X Extracts X X X X ..... der sub-section 2(B) of Section 11A of the Central Excise Act and, therefore, interest was leviable thereon under Section 11AB of the Act – Against assessee - E/1361/2010 - - - Dated:- 6-1-2012 - SHRI P. G. CHACKO, J. Shri M. M. Ravi Rajendran, SDR for the Revenue. There is no representation for the appellant despite notice, nor any request for adjournment. On a perusal of the record ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AB of the Central Excise Act on the amount of differential duty from the date of clearance of goods to the date of payment of differential duty. This show-cause notice, of course, sought to appropriate the differential duty also. Penalties were also proposed under Section 11AC of the Central Excise Act and Rule 25 of Central Excise Rules, 2002. These proposals were contested by the assessee. In ad ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entary invoices issued to his buyers by invoking the price escalation clause of the contract between them is no longer res integra inasmuch as it was settled in favour of the Revenue by the Supreme Court in the case of Commissioner vs. SKF India Ltd. : 2009 (239) E.L.T. 389 (SC) as clarified by the Court in its subsequent judgment in CCE vs. International Auto Ltd.: 2010 (250) E.L.T. 3 (SC). The l ..... X X X X Extracts X X X X X X X X Extracts X X X X
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