2014 (7) TMI 566

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..... f deceit but interest is payable for the delayed payment. The Hon'ble Supreme Court upheld the demand of interest and set aside the penalty. It is seen that the said order of the Supreme Court was followed in later judgement in the case of CCE Vs International Auto Ltd. - [2010 (1) TMI 151 - SUPREME COURT OF INDIA]. In view of that, we uphold the demand of interest and set aside the penalty - Deci .....

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..... inished goods and paid duty at the time of issue of supplementary invoices on price revision. The issue involved in this case as to whether the appellant is required to pay interest on issue of supplementary invoices to the customers on price variation in respect of the goods sold earlier and penalty to be imposed. The adjudicating authority confirmed the demand of interest along with penalty. .....

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..... he case of CCE Pune Vs SKF India Ltd. - 2009 (239) ELT 385 (SC) held that payment of differential duty at a later date is clearly a case of short payment of duty though completely unintended and without element of deceit but interest is payable for the delayed payment. The Hon'ble Supreme Court upheld the demand of interest and set aside the penalty. It is seen that the said order of the Supre .....

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