Just a moment...

Top
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
+ Post a Query
Post a New Query
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID :

Interest on Supplementary Invoices

NagaPhaneendraBabu Kondaveeti

Dear Expert ,

Shall we pay interest on excise duty for supplementary invoices

Supreme Court Ruling: No Interest on Excise Duty for Supplementary Invoices, Overruling Previous Decisions A query was raised regarding the obligation to pay interest on excise duty for supplementary invoices. An expert initially confirmed that interest is payable, citing Supreme Court decisions in SKF India (2009) and International Auto (2010). However, another contributor later noted that this position was disapproved by the Supreme Court in a 2015 ruling involving the Steel Authority of India Ltd. versus the Commissioner of Central Excise, Raipur. The discussion highlights differing interpretations of legal precedents concerning the payment of interest on supplementary excise duty invoices. (AI Summary)
answers
Sort by
+ Add A New Reply
Hide
+ Add A New Reply
Hide
Recent Issues