Demand of interest under Section 11AB of the Central Excise Act, ...

Central Excise

March 11, 2024

Demand of interest under Section 11AB of the Central Excise Act, 1944 by invoking extended period of limitation - Interest on duty paid on supplementary invoices - The Tribunal held that since the duty on the supplementary invoices was paid during the period 2008-09 and audit was conducted within a reasonable time thereafter, the demand of interest on supplementary invoices is barred by limitation. The Tribunal set aside the impugned order, concluding that the appellant is not liable to pay interest on the duty paid through supplementary invoices.

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