Interest on supplementary Invoices

[MITSUI PRIME ADVANCED]

Dear Sir,

Pl. advice to us we have generate supplementary invoices against price injection and acutal original invoices for the month of Jan  2013

we have paid total Excise duty from Cenvat Account  so in this case interest liability applicable on supplementary pl. advice ,

if we have paid 2 percent or 1 percent duty from PLA then Interest liability

pl. advice in both situation

Thanks & Regards

RajKumar

AI Summary

Interest on differential excise duty applies to supplementary invoices, payable from invoice date if duty paid from Cenvat or PLA
Interest on differential excise duty arising from supplementary invoices must be paid from the date of issuance of the supplementary invoice, and this interest liability applies irrespective of payment through Cenvat utilisation or payment from the Public Ledger Account (PLA).