https://www.taxtmi.com/caselaws?id=2156 Interest was not payable on duty attributable to price-escalation amounts because the duty was paid in the same month in which the buyers accepted the claims, so there was no delayed payment attracting Section 11AB. Cenvat credit on duty paid by job workers was admissible, and no reversal was required merely because debit notes were later raised for quality deductions or other commercial adjustments, since the original duty paid had not changed. No duty or credit reversal arose on receipts recorded through debit notes for contract cancellation, short purchases, transportation charges, compensation or similar items, as those receipts were not linked to excisable clearance or any change in assessable value. The duty, interest and penalty demands therefore did not survive. en-us Mon, 02 Jul 2007 00:00:00 +0530 Tue, 15 Apr 2008 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2156 Interest was not payable on duty attributable to price-escalation amounts because the duty was paid in the same month in which the buyers accepted the claims, so there was no delayed payment attracting Section 11AB. Cenvat credit on duty paid by job workers was admissible, and no reversal was required merely because debit notes were later raised for quality deductions or other commercial adjustments, since the original duty paid had not changed. No duty or credit reversal arose on receipts recorded through debit notes for contract cancellation, short purchases, transportation charges, compensation or similar items, as those receipts were not linked to excisable clearance or any change in assessable value. The duty, interest and penalty demands therefore did not survive. Case-Laws Central Excise Mon, 02 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2156