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    <title>Interst due to delay payment of central excise</title>
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    <description>Interest arising from delayed payment of central excise duties cannot be adjusted against CENVAT credit; such interest and penalties must be paid in cash through GAR-7 challan or via the Public Ledger Account (PLA) because the head of account for interest/penalties is distinct and not chargeable to the CENVAT credit account.</description>
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      <link>https://www.taxtmi.com/forum/issue?id=3380</link>
      <description>Interest arising from delayed payment of central excise duties cannot be adjusted against CENVAT credit; such interest and penalties must be paid in cash through GAR-7 challan or via the Public Ledger Account (PLA) because the head of account for interest/penalties is distinct and not chargeable to the CENVAT credit account.</description>
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      <law>Central Excise</law>
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