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2010 (12) TMI 214

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..... 342/2008-SM - - - Dated:- 30-12-2010 - Mr. Rakesh Kumar J, Present for the Appellant: Shri R.k.Gupta, SDR Present for the Respondent: Shri None PER: RAKESH KUMAR The issue involved in this appeal is as to whether the interest is chargeable on the duty paid supplementary invoices on account of price escalation. 2. None appeared for the respondent, in spite of notice had b .....

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..... SDR and have gone through the submissions made in the memorandum of cross objection filed by the respondent. I find that the only issue involved in this case is as to whether the interest under Section 11AB of the Central Excise Act, 1944 is payable on the differential duty paid on the goods already cleared on account of price escalation. Since this issue stands settled in favour of the Revenue .....

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