Interest is payable for delayed payment of taxes even if such default is otherwise revenue neutral

CESTAT, NEW DELHI BENCH Hindustan Zinc Ltd. versus Commissioner of Central Excise, Jaipur-II Stay order Nos. 813-814/2011-Ex (PB) Application Nos. E/Stay/3124 & 3144/2010 APPEAL NOS. E/3345 & 3359 OF 2010 AUGUST  5, 2011 ORDER Justice R.M.S Khandeparkar, President Heard the Advocate for the appellants at length and the DR for the respondent. This application has been filed in the appeal arising from the order dated 5-7-2010 passed by the Commissioner (Appeals). By the impugned order, the lower appellate authority has dismissed the appeal filed by the appellants again...