2010 (5) TMI 363

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..... urt confirming and reducing the demand while, according to the Revenue, interest is payable from the date of determination of liability to duty - Interest liability arises the moment duty is determined to be payable by the adjudicating authority - E/174/2010 - 593/2010 - Dated:- 28-5-2010 - Ms. Jyoti Balasundaram, Vice-President REPRESENTED BY: Shri M.N. Bharathi, Advocate, for the Appellan .....

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..... ty determined to be payable is reduced by the Commissioner (Appeals), Appellate Tribunal or, as the case may be, the court, the date of such determination shall be the date on which an amount of duty is first determined to be payable. It is clear from the above that interest liability arises the moment duty is determined to be payable by the adjudicating authority. In this case, the adjudicating a .....

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