2013 (1) TMI 148

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..... on in case of BHARAT HEAVY ELECTRICALS LTD.(2010 (4) TMI 439 - KARNATAKA HIGH COURT) that price escalation is due to increase in input labout and other costs which was determined by All India Industrial Price Indices, the demand of interest on differential duty is not sustainable. The price was increased in view of the increase in the electricity tariff by the Power Grid Corporation of India. Waiv .....

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..... t the appellant is liable to pay interest. 4. The applicant relied upon the decision of the Hon'ble High Court of Karnataka in the case of Commissioner of Central Excise, Bangalore III Vs. Bharat Heavy Electrical Ltd. reported in 2010 (257) ELT 369 (Kar) where the Hon'ble High Court of Karnataka after considering the decision of Hon'ble Supreme Court in the case of SKF India (supra) held that .....

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