AO Rectifies Order u/s 154, Disallows Excess Duty Claim; Interest on Excise Duty Allowed Only on Payment Basis.

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....Rectification of order u/s 154 - AO disallowed to the assessee excess duty, penal interest - interest on excise duty to be allowed to payment basis only and not on accrual basis - Rectification to that extent is valid - AT....