https://www.taxtmi.com/caselaws?id=54431 Interest under the fortnightly duty-payment scheme was confined to default in payment by the prescribed due date and could not be extended to differential duty later paid through supplementary invoices on revised pricing or reclassification of goods. Where the additional duty did not arise from failure to meet the scheduled duty payment obligation, Rule 173G(1)(d) did not authorise levy of interest in the absence of express statutory provision covering such later adjustments. en-us Mon, 06 Jun 2005 00:00:00 +0530 Wed, 20 Oct 2010 10:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54431 Interest under the fortnightly duty-payment scheme was confined to default in payment by the prescribed due date and could not be extended to differential duty later paid through supplementary invoices on revised pricing or reclassification of goods. Where the additional duty did not arise from failure to meet the scheduled duty payment obligation, Rule 173G(1)(d) did not authorise levy of interest in the absence of express statutory provision covering such later adjustments. Case-Laws Central Excise Mon, 06 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54431