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2015 (9) TMI 770 - AT - Central ExciseDuty demand - Concessional rate of duty - Demand of interest u/s 11AA - Held that:- During the reading of the said provisions, interest is payable after three months from the date of final determination of duty payable by the assessee. Admittedly in this case duty has been paid by the appellant before their actual determination by the Adjudicating Authority as directed by the Tribunal in remand proceedings. Therefore, relying on the decision of AEON’S CONSTRUCTION PRODUCTS LTD. VS. CCE, CHENNAI reported in [2007 (5) TMI 404 - CESTAT, CHENNAI], we hold that appellant are not required to pay interest for the intervening period from the date of initial assessment of duty till the re-quantification of the duty in the remand proceedings. Therefore, we set aside the impugned order - Decided in favour of assessee.
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