https://www.taxtmi.com/caselaws?id=3968 The tribunal set aside the demand for interest at Rs.1,000/- per day, allowing the appeal and holding that the interest already paid at 24% per annum satisfied the Revenue's demand under Rule 8(3), consistent with the Rajasthan High Court's ruling. The decision clarified the correct rate of interest applicable on delayed duty payments, aligning with the judicial interpretation provided by the High Court. en-us Fri, 07 Dec 2007 00:00:00 +0530 Tue, 13 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3968 The tribunal set aside the demand for interest at Rs.1,000/- per day, allowing the appeal and holding that the interest already paid at 24% per annum satisfied the Revenue's demand under Rule 8(3), consistent with the Rajasthan High Court's ruling. The decision clarified the correct rate of interest applicable on delayed duty payments, aligning with the judicial interpretation provided by the High Court. Case-Laws Central Excise Fri, 07 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3968