2008 (1) TMI 393

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....i Laxminarayan Goyal, Consultant, for the Appellant. Shri K. Sambi Reddy, JDR, for the Respondent. [Order]. - This appeal has been filed against Order-in-Appeal No. 42/2007 (H-IV) C.E., dated 28-8-2007 passed by the Commissioner of Customs & Central Excise (Appeals), Hyderabad. 2. In terms of Final Order No. 290/2006, dated 31-8-2006, this Bench directed the Commissioner (Appeals) to give....

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.... - Bang.) being in contradiction with the Larger Bench's decision supra, the Larger Bench's judgment will prevail, I respectfully follow the decision of Larger Bench and state that in the absence of any provision in the Central Excise Act for sanction of interest on the delayed payment of interest, I am not authorized to sanction the same and the appeals is liable to be rejected. 3. Shri Laxmin....

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....ombay High Court in the case of Sandvik Asia Ltd. v. Commissioner of Income Tax and Other - 2004 (IT2) - GJX-0020-BOM/1 [2004 (267) ITR-0078-BOM]. has ruled that for want of any express provision in the Income tax Act, the Court has no power to award interest on interest on delayed payment of interest. There is also reference to the Apex Court decision in the case of India Carbon Ltd. v. State of ....