https://www.taxtmi.com/caselaws?id=380285 The Appellate Tribunal CESTAT HYDERABAD rejected the appellant's appeal regarding interest payment on goods with escalated value post-clearance due to cost escalation. The decision aligned with the Supreme Court ruling in the Steel Authority of India Limited case, establishing that interest is payable in cases involving cost escalation leading to additional duty payment. The Tribunal's decision was based on applying the legal principle set by the Apex Court, resulting in the rejection of the appellant's appeal. en-us Tue, 14 May 2019 00:00:00 +0530 Sat, 18 May 2019 05:42:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380285 The Appellate Tribunal CESTAT HYDERABAD rejected the appellant's appeal regarding interest payment on goods with escalated value post-clearance due to cost escalation. The decision aligned with the Supreme Court ruling in the Steel Authority of India Limited case, establishing that interest is payable in cases involving cost escalation leading to additional duty payment. The Tribunal's decision was based on applying the legal principle set by the Apex Court, resulting in the rejection of the appellant's appeal. Case-Laws Central Excise Tue, 14 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380285