CESTAT Chandigarh Quashes Excise Duty Demand on ground of Limitation

NTF (India) Pvt. Ltd. Vs C.C.E (CESTAT Chandigarh) Introduction: The case of NTF (India) Pvt. Ltd. vs. C.C.E at CESTAT Chandigarh revolves around the imposition of Excise Duty on the manufacturing of auto parts. This detailed analysis delves into the background, arguments presented, and the ultimate conclusion reached by the tribunal. Detailed Analysis: The dispute arises from the revision of prices by NTF (India) Pvt. Ltd., leading to supplementary invoices and payment of differential excise duty. Two show cause notices, dated 26.10.2004 and 09.02.2007, demanded interest covering the period 1...