We paid the Excise Duty Amount for the month of Oct'12 in 06.12.2012 (i.e delay of 31 days from due date). Like this we paid the default payment continues from Oct'12 to Mar'13 (delay of 31 days) . But We have not paid the Interest along with duty payment.
after that we paid the Interest amount in 04/12/13 from the period of Oct'12 to Mar'13.
For this Case the Excise Audit Supt raised the para for to pay the duty consignment wise from oct'12 to Mar'13 along with interest.
Any one suggest for this case. Is any previous case laws available for this. give me the suggestion.
We paid the Interest But we have not paid with the default payment. We paid the interest suppurate after default duty paid. The interest Paid in Dec'13 for the default period of Oct'12 to Mar'13.
CAclubindia
