2013 (10) TMI 719

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n revision of prices having retrospective effect - Held that:- Following Commissioner of Central Excise, Pune Versus M/s SKF India Ltd. [2009 (7) TMI 6 - SUPREME COURT] - The assessee gave its reply stating that the payment of differential duty was made by it at the time of issuing supplementary invoices to the customers and, therefore, there was no question of charging interest much less any pena .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he manufacture of excisable goods namely, PSC Sleepers falling under Chapter 68 of the Central Excise Tariff Act, 1985. During the period from January, 2007 to June, 2008, by a contract, they had supplied the finished goods to Indian Railways. He has also submitted that in view of the price escalation clause contained in the said contract, the price had been revised periodically, and accordingly, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Pune vs. SKF India Ltd., 2009(07)LCX0001, is not applicable to the facts of the present case, as the value in that case was final. 3. Ld. AR for the Revenue submits that the issue involved in the present case is squarely covered by the judgment of the Hon'ble Supreme Court in the case of SKF (supra). Besides, he has also referred to the judgment of the Hon'ble Supreme Court in the case of CCE vs .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X