https://www.taxtmi.com/caselaws?id=220042 The Tribunal granted the appellant's request for waiver of pre-deposit of interest and penalty amounting to Rs. 2,05,68,151/- in a case involving differential duty payment. The appellant's argument, supported by a ruling from the Hon'ble High Court of Karnataka, emphasized that interest on differential duty may not be sustainable if price escalation is due to increased input costs. The Tribunal considered the impact of increased electricity tariff by a specific corporation as a factor contributing to price escalation, leading to the decision to waive the pre-deposit requirement and stay the recovery process during the appeal's pendency. en-us Tue, 10 Jul 2012 00:00:00 +0530 Tue, 08 Jan 2013 09:13:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220042 The Tribunal granted the appellant's request for waiver of pre-deposit of interest and penalty amounting to Rs. 2,05,68,151/- in a case involving differential duty payment. The appellant's argument, supported by a ruling from the Hon'ble High Court of Karnataka, emphasized that interest on differential duty may not be sustainable if price escalation is due to increased input costs. The Tribunal considered the impact of increased electricity tariff by a specific corporation as a factor contributing to price escalation, leading to the decision to waive the pre-deposit requirement and stay the recovery process during the appeal's pendency. Case-Laws Central Excise Tue, 10 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220042