https://www.taxtmi.com/forum/issue?id=5532 Liability to pay interest arises when excise duty becomes payable on an upward retrospective price revision: the department treated the differential as a short payment and demanded interest under the statutory interest provisions from the retrospective effective date. Commentary notes judicial support for interest claims and observes post-2009 amendments to the statutory interest framework that may affect application to such retrospective price adjustments. en-us Fri, 05 Apr 2013 16:08:56 +0530 Thu, 23 Jan 2025 15:57:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5532 Liability to pay interest arises when excise duty becomes payable on an upward retrospective price revision: the department treated the differential as a short payment and demanded interest under the statutory interest provisions from the retrospective effective date. Commentary notes judicial support for interest claims and observes post-2009 amendments to the statutory interest framework that may affect application to such retrospective price adjustments. Discussion-Forum Central Excise Fri, 05 Apr 2013 16:08:56 +0530 https://www.taxtmi.com/forum/issue?id=5532