https://www.taxtmi.com/caselaws?id=419654 The Tribunal allowed the appeals and set aside the orders confirming the demand of interest and imposing a penalty. The decision was based on the interpretation of the law, emphasizing that the extended period of limitation for interest imposition was not applicable in the absence of fraud or misstatement by the appellant. The ruling clarified that fraudulent conduct is necessary to invoke the extended limitation period for interest claims related to delayed payment of differential duty, providing guidance on time-barred interest adjustments in cases involving retrospective price revisions and differential duty payments. en-us Tue, 15 Mar 2022 00:00:00 +0530 Thu, 17 Mar 2022 08:32:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419654 The Tribunal allowed the appeals and set aside the orders confirming the demand of interest and imposing a penalty. The decision was based on the interpretation of the law, emphasizing that the extended period of limitation for interest imposition was not applicable in the absence of fraud or misstatement by the appellant. The ruling clarified that fraudulent conduct is necessary to invoke the extended limitation period for interest claims related to delayed payment of differential duty, providing guidance on time-barred interest adjustments in cases involving retrospective price revisions and differential duty payments. Case-Laws Central Excise Tue, 15 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419654