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Central Excise - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Interest on delayed payment under Rule 3 (5) of the Cenvat ...


Interest Applied on Delayed Payments per Rule 3(5) of Cenvat Credit Rules, 2004; Rule 8(3) Governs Interest Rate.

November 28, 2013

Case Laws     Central Excise     AT

Interest on delayed payment under Rule 3 (5) of the Cenvat Credit Rules, 2004 – If there is delay in payment of this amount, for whatever reason, interest would be chargeable in terms of the provisions of sub-rule (3) of Rule 8 - AT

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