https://www.taxtmi.com/caselaws?id=337457 The Supreme Court clarified that interest is payable on unintentional short payment of duty from the original clearance date till the payment of differential duty on supplementary invoices. The Tribunal held that the one-year limitation for principal amount recovery also applies to interest claims, deeming the show-cause notice for interest recovery beyond one year from the relevant date as time-barred. Consequently, the Tribunal set aside the order and allowed the appeal, emphasizing adherence to prescribed time limits for interest recovery notices in alignment with those for principal amount claims. en-us Fri, 04 Nov 2016 00:00:00 +0530 Tue, 10 Jan 2017 07:23:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337457 The Supreme Court clarified that interest is payable on unintentional short payment of duty from the original clearance date till the payment of differential duty on supplementary invoices. The Tribunal held that the one-year limitation for principal amount recovery also applies to interest claims, deeming the show-cause notice for interest recovery beyond one year from the relevant date as time-barred. Consequently, the Tribunal set aside the order and allowed the appeal, emphasizing adherence to prescribed time limits for interest recovery notices in alignment with those for principal amount claims. Case-Laws Central Excise Fri, 04 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337457