Commr.Of Central Excise,Pune vs M/S Skf India Ltd on 6 July, 2009
Amd), after considering the judgment of Honble Supreme Court in the case of SKF (India) (supra) and following the decision of the Honble Gujarat High Court in the case of Gujarat Narmada Fertilizers CO. Ltd., 2012 (285) ELT 336 (Guj.) held that interest liability did not arise in view of no dispute regarding availment of cenvat credit by the sister unit and payment of differential duty by the assessee before issuance of the SCN. There is no malafide attached to the under-valuation. I am of the view that the said decisions are applicable in the present case.