https://www.taxtmi.com/caselaws?id=361251 Interest on differential central excise duty arising from supplementary invoices for post-clearance price escalation was not payable because the duty had been discharged on the value prevailing at removal, and the higher price crystallised only when the revised price was agreed later. The supplementary invoices were treated as reflecting a later escalation rather than a retrospective revision of the clearance value. Applying the transaction-value principle under Section 4 of the Central Excise Act, 1944, and the absence of short levy within Section 11A(2B), the analysis concluded that interest under Section 11AB did not arise. en-us Tue, 22 May 2018 00:00:00 +0530 Sat, 02 Jun 2018 23:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361251 Interest on differential central excise duty arising from supplementary invoices for post-clearance price escalation was not payable because the duty had been discharged on the value prevailing at removal, and the higher price crystallised only when the revised price was agreed later. The supplementary invoices were treated as reflecting a later escalation rather than a retrospective revision of the clearance value. Applying the transaction-value principle under Section 4 of the Central Excise Act, 1944, and the absence of short levy within Section 11A(2B), the analysis concluded that interest under Section 11AB did not arise. Case-Laws Central Excise Tue, 22 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361251