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    <title>Interest Liabilities on rate increased</title>
    <link>https://www.taxtmi.com/forum/issue?id=5202</link>
    <description>Interest is payable on differential excise duty when duty is paid belatedly following issuance of supplementary invoices to recover higher prices. Administrative guidance applies the statutory interest provision to such delayed differential payments, and the highest appellate authority has affirmed that interest is leviable on differential excise duty paid after the original period.</description>
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    <pubDate>Thu, 17 Jan 2013 15:08:15 +0530</pubDate>
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      <title>Interest Liabilities on rate increased</title>
      <link>https://www.taxtmi.com/forum/issue?id=5202</link>
      <description>Interest is payable on differential excise duty when duty is paid belatedly following issuance of supplementary invoices to recover higher prices. Administrative guidance applies the statutory interest provision to such delayed differential payments, and the highest appellate authority has affirmed that interest is leviable on differential excise duty paid after the original period.</description>
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      <law>Central Excise</law>
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