Supreme Court Upholds Interest Payment Requirement in Central Excise Act

The Supreme Court upheld the Bombay High Court's decision, emphasizing that liability to pay interest cannot be denied without establishing the validity of the application under Section 11B of the Central Excise Act, 1944. The case was remanded for further proceedings to determine the correlation of necessary documents.

---

---

The Supreme Court of India in 2010 (3) TMI 1036 - SC Order, held that findings in favor of the assessee were recorded by the Bombay High Court, remanding proceedings for establishing correlation of necessary documents. The High Court ruled that liability to pay interest cannot be denied unless a finding is recorded that the application under Section 11B of the Central Excise Act, 1944 was not valid.

---