https://www.taxtmi.com/highlights?id=67330 Interest on differential duty- captive consumption - revenue neutrality - revised CAS-4 prepared by the cost accountant - the liability to pay interest on duties short-paid at the time of clearance of goods for captive consumption does not get erased. The interest liability had not been discharged at the time of payment of differential duty and, hence, the essential precondition for dropping of further proceedings had not been complied with. Inevitably, the confirmation of differential duty necessarily has interest liability appended to it. - AT en-us Mon, 26 Dec 2022 09:08:59 +0530 Mon, 26 Dec 2022 09:08:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67330 Interest on differential duty- captive consumption - revenue neutrality - revised CAS-4 prepared by the cost accountant - the liability to pay interest on duties short-paid at the time of clearance of goods for captive consumption does not get erased. The interest liability had not been discharged at the time of payment of differential duty and, hence, the essential precondition for dropping of further proceedings had not been complied with. Inevitably, the confirmation of differential duty necessarily has interest liability appended to it. - AT Highlights Central Excise Mon, 26 Dec 2022 09:08:59 +0530 https://www.taxtmi.com/highlights?id=67330