https://www.taxtmi.com/caselaws?id=78394 The High Court of Karnataka allowed the appeal by the revenue in a case challenging a Final Order by CESTAT on interest payment under Section 11AB of the Central Excise Act. The Court set aside the Tribunal's order, emphasizing the need to assess whether the assessee had fulfilled its duty payment obligations in a timely manner before determining liability for interest. The Court highlighted the importance of considering specific circumstances outlined in the provision and remanded the matter for reevaluation. en-us Thu, 01 Apr 2010 00:00:00 +0530 Mon, 15 Nov 2010 11:29:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78394 The High Court of Karnataka allowed the appeal by the revenue in a case challenging a Final Order by CESTAT on interest payment under Section 11AB of the Central Excise Act. The Court set aside the Tribunal's order, emphasizing the need to assess whether the assessee had fulfilled its duty payment obligations in a timely manner before determining liability for interest. The Court highlighted the importance of considering specific circumstances outlined in the provision and remanded the matter for reevaluation. Case-Laws Central Excise Thu, 01 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78394