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Excisable material sold without charging excise duty,
Now after 3 months, I am issuing Suplimantary bill to party
for Excise payment, now please tell me the interest need to
pay for this and also is there need to pay interest if i
have sufficiant amount of cenvate credit balance in these 3
months.
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Answer / guest
No interest on balance in cenvat credit Register but no
balance in cenvat credit Register to Pay interest amount to
Central Excise. and Pay Interest amt.to PLA accounts.
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