https://www.taxtmi.com/caselaws?id=180807 Where the Central Excise Act does not prescribe a specific limitation period for recovery of interest on delayed duty, the demand must be raised within a reasonable period. The commentary notes that interest on suo motu payment of differential duty was treated as recoverable when the show cause notice followed within a reasonable time, and a separate notice for interest was not treated as necessary where duty proceedings were already initiated. It also explains that revenue neutrality does not extinguish the statutory liability to pay interest. Penalty under Rule 27 of the Central Excise Rules, 2002 was sustained on the footing that non-payment of interest constituted a breach attracting general penalty. en-us Wed, 28 Jan 2015 00:00:00 +0530 Sat, 02 Apr 2016 10:45:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180807 Where the Central Excise Act does not prescribe a specific limitation period for recovery of interest on delayed duty, the demand must be raised within a reasonable period. The commentary notes that interest on suo motu payment of differential duty was treated as recoverable when the show cause notice followed within a reasonable time, and a separate notice for interest was not treated as necessary where duty proceedings were already initiated. It also explains that revenue neutrality does not extinguish the statutory liability to pay interest. Penalty under Rule 27 of the Central Excise Rules, 2002 was sustained on the footing that non-payment of interest constituted a breach attracting general penalty. Case-Laws Central Excise Wed, 28 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180807