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2019 (7) TMI 1170 - AT - Central ExciseDemand of interest on the differential duty paid through supplementary invoices - subsequent increase in price of goods - price escalation clause - Section 11AB of the Central Excise Act 1944 - time limitation - HELD THAT:- It is a settled law that time limit as prescribed under Section 11A of the Central Excise Act is also applicable for recovery of interest in view of the decision of the Supreme Court in the case of CCE VERSUS TVS WHIRLPOOL LTD. [1999 (10) TMI 701 - SC ORDER]. Extended period of limitation - HELD THAT:- In the present case there is no suppression, fraud or collusion and therefore the longer period of limitation is not invokable in the present case. The appellant is only liable to pay interest for the normal period as prescribed by law whereas in both the appeals substantial period is beyond limitation. For the purpose of computing the interest for the normal period the case is remanded back to the original authority to quantify the interest for the normal period of one year which the appellants will be liable to pay - appeal allowed by way of remand.
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