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2018 (7) TMI 1922 - CESTAT KOLATAClandestine removal - shortage of finished goods - ex-parte order - Demand of Interest - HELD THAT:- The provisions of interest were introduced in the statute only with effect from 26.05.1995. Hence, for the demand relating to the period prior to this, there is no question of demanding interest - since the matter being very old and the matter having been remanded by the Commissioner (Appeals) for fresh consideration there is no question of any penalty being imposed against the appellant. The demand of ₹ 1,81,321/- is upheld and order for payment of the same - demand of interest is set aside as the provisions relating to interest were not applicable during the relevant period - penalty imposed against the appellant is set aside - appeal allowed in part.
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