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Central Excise - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Liability to pay interest being reiterated in the acceptance of ...


Supreme Court Orders 18% Interest from August 2012 on Installment Payment Proposal Accepted by Petitioners.

October 17, 2014

Case Laws     Central Excise     HC

Liability to pay interest being reiterated in the acceptance of the proposal for instalments and the Petitioners having acted upon the same, the Petitioners are bound to pay interest at the rate of 18% per annum from the date of the order of the Supreme Court dated 29th August, 2012 till the date of realisation as demanded - HC

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