TaxTMI 
TaxTMI 
TaxTMI 
payment of Interest on differential Excise Duty
X X X X Extracts X X X X
X X X X Extracts X X X X
....ayment of Interest on differential Excise Duty<br> Query (Issue) Started By: - Pradeep Jain Dated:- 14-11-2014 Last Reply Date:- 15-11-2014 Central Excise<br>Got 2 Replies<br>Central Excise<br>Dear Si....
X X X X Extracts X X X X
X X X X Extracts X X X X
....r, At the time of revision in the P.O. price by our Customer's, we do pay differential excise duty . At the time of removal of finished goods, but we do not aware that how much price revision will be....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... given by our customer on our claim . In this case is there any liability of interest on differential excise duty paid by us on the incre.mental value recovered from the customer. We seek your opinio....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n . Regards Pradeep Jain Reply By MUKUND THAKKAR: The Reply: Dear Pradeep jain In case of any additional amount recover from customer which has connect to sales, In such case interest should be p....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ayable. generally this happened in case of your company act as a ancillary company of automobiles. rates are provisionally and latter on final. so according to me interest is payable on diff. duty. R....
X X X X Extracts X X X X
X X X X Extracts X X X X
....eply By Pradeep Khatri: The Reply: Dear Pradeep, It is settled legal position that interest is payable on differential excise duty payment to the exchequers. Whatever amount your client is getting a....
X X X X Extracts X X X X
X X X X Extracts X X X X
....s differential excise duty, that would come under the purview of payment of statutory interest at the applicable rate. Regards YAGAY and SUN (Management, Business and Indirect Tax Consultants)<br> ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Discussion Forum - Knowledge Sharing ....