Supreme Court of India · 2019-05-08
M/S. STEEL AUTHORITY OF INDIA LTD. (UNIT BHILAI STEEL PLANT) ISPAT BHAWAN . THROUGH ITS SR. MANAGER (F AND A) vs COMMISSIONER OF CENTRAL EXCISE RAIPUR
- Citation / case number
- SC 2010/34505
- Court
- Supreme Court of India
- Petitioner
- M/S. STEEL AUTHORITY OF INDIA LTD. (UNIT BHILAI STEEL PLANT) ISPAT BHAWAN . THROUGH ITS SR. MANAGER (F AND A)
- Respondent
- COMMISSIONER OF CENTRAL EXCISE RAIPUR
- Author
- HON'BLE MR. JUSTICE K.M. JOSEPH
- Bench
- HON'BLE THE CHIEF JUSTICE RANJAN GOGOI, HON'BLE THE CHIEF JUSTICE, HON'BLE MR. JUSTICE K.M. JOSEPH
Judgment text excerpt
The Supreme Court addressed whether interest is payable under Section 11AB of the Central Excise Act, 1944 on differential duty paid due to a price increase in a contract with the Indian Railways. The Court held that since the differential duty was paid voluntarily after the price revision, interest is indeed leviable as per the provisions of Section 11AB. The ruling affirmed the decisions of the lower authorities, including the Customs, Excise and Service Tax Appellate Tribunal, thereby upholding the Revenue's stance on the matter.