https://www.taxtmi.com/caselaws?id=76216 SC upheld recovery of interest on differential duty where a show-cause notice was issued for the price difference between removal and eventual sale. The court held that Explanation (2) to sub-section 2(B) of section 11A treats payments made by assessee or ascertained by the officer as not exempt from interest under section 11AB; interest is leviable to make good revenue loss. Payment of the price differential after clearance constitutes short payment/short levy at removal, hence interest becomes payable. en-us Fri, 08 Jan 2010 00:00:00 +0530 Mon, 01 Sep 2025 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76216 SC upheld recovery of interest on differential duty where a show-cause notice was issued for the price difference between removal and eventual sale. The court held that Explanation (2) to sub-section 2(B) of section 11A treats payments made by assessee or ascertained by the officer as not exempt from interest under section 11AB; interest is leviable to make good revenue loss. Payment of the price differential after clearance constitutes short payment/short levy at removal, hence interest becomes payable. Case-Laws Central Excise Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76216