9911796707
TMI Blog2023 (7) TMI 915X X X X Extracts X X X X X X X X Extracts X X X X ..... entire excise duty under the Scheme for the Financial Years 2005-06 and 2006-07. The Central Government introduced Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 . The Scheme provides for waiver of interest subject to satisfying certain terms and conditions. In the light of the order passed by the Hon ble High Court of Madhya Pradesh, the Central Government has issued a Circular dated 6- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd Central Excise passed a consolidated order-in-original for the Financial Years 2005-06 and 2006-07 holding that the excise duty on the surcharge component was discharged belatedly as it ought to have been remitted on monthly basis and therefore, interest of Rs. 39,67,431 was payable by the petitioner under Section 11AB of the Central Excise Act, 1944 (for short, the Act ), against which the pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e is entitled for waiver of interest under the Scheme. In support of his contention, he places reliance on the Circular dated 6-10-2022 issued by the Ministry of finance, Government of India in the light of the order dated 5-8-2022 passed by the High Court of Madhya Pradesh at Jabalpur, in W.P. No. 16411/2021 [2022 (66) G.S.T.L. 9 (M.P.)]. 3. On the other hand, the Learned Counsels appearing fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssued a Circular dated 6-10-2022 clarifying that in cases where the assessee has filed ST-3 return on or before 30-6-2019 and has paid the tax dues in full before filing the application, the declarant is eligible to avail the benefit of the scheme for waiver of interest. In the present case, the petitioner has paid the entire excise duty before 30-6-2019 and in the light of the said Scheme, the pe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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