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2015 (4) TMI 164 - CGOVT - Central ExciseInterest demand on erroneously sanctioned rebate claim - Held that:- As per section 11AA, the person who is liable to pay duty shall in addition to the duty be liable to pay interest at the rate specified in sub-section (2). These statutory provisions are quite clear and interest is payable automatically. The respondent has already accepted their interest liability. As such, Government orders that in this case interest is payable in terms of section 11AA of Central Excise Act, 1944. - Decided in favour of Revenue.
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