2007 (2) TMI 431

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., for the Appellant. Shri P.K. Das, JDR, for the Respondent. [Order]. - Heard both sides. 2. The appellants paid interest @ 24% on account of delayed payment of Excise Duty by debiting their PLA account. Subsequently, they realized that they should have paid interest only @ 13% as required by law. Hence they applied for refund of the excess interest amount paid by them. The author....