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Central Excise - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Interest on differential duty - Supplementary invoices - when ...


Interest on Differential Duty: One-Year Time Limit for Recovery of Principal and Interest Ensures Consistent Tax Enforcement.

January 10, 2017

Case Laws     Central Excise     AT

Interest on differential duty - Supplementary invoices - when the normal time limit prescribed is one year from the relevant date for recovery of the principal amount, it is reasonable to adopt the same period for recovery of interest as well. - AT

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