https://www.taxtmi.com/caselaws?id=170542 Interest demanded on additional consideration collected through supplementary invoices after price escalation was held time-barred. The dispute turned on limitation, with the assessee showing a bona fide belief that no interest was payable while earlier Tribunal and High Court views remained in its favour. Once the legal position was later clarified against the assessee, the prior contrary judicial support was treated as relevant to the limitation defence. The interest demand was therefore set aside as barred by limitation, while the assessee succeeded on that issue. en-us Fri, 03 Sep 2010 00:00:00 +0530 Tue, 02 Jun 2015 11:12:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170542 Interest demanded on additional consideration collected through supplementary invoices after price escalation was held time-barred. The dispute turned on limitation, with the assessee showing a bona fide belief that no interest was payable while earlier Tribunal and High Court views remained in its favour. Once the legal position was later clarified against the assessee, the prior contrary judicial support was treated as relevant to the limitation defence. The interest demand was therefore set aside as barred by limitation, while the assessee succeeded on that issue. Case-Laws Central Excise Fri, 03 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170542