https://www.taxtmi.com/caselaws?id=210207 Interest on differential amounts recovered through supplementary invoices was held payable, the liability being treated as settled against the assessee by the Supreme Court authority relied on. The demand of interest was therefore upheld. Penalty was not warranted on the facts, and the original authority's view sustaining penalty was found unsustainable, so the penalty was set aside. The appellate order was accordingly set aside and the original authority's order was restored only to the extent of interest, while the relief from penalty was maintained. en-us Wed, 13 Apr 2011 00:00:00 +0530 Fri, 23 Nov 2012 18:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210207 Interest on differential amounts recovered through supplementary invoices was held payable, the liability being treated as settled against the assessee by the Supreme Court authority relied on. The demand of interest was therefore upheld. Penalty was not warranted on the facts, and the original authority's view sustaining penalty was found unsustainable, so the penalty was set aside. The appellate order was accordingly set aside and the original authority's order was restored only to the extent of interest, while the relief from penalty was maintained. Case-Laws Central Excise Wed, 13 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210207