https://www.taxtmi.com/caselaws?id=96286 The court clarified the interpretation of Section 11AA of the Central Excise Act, 1944, regarding interest payment on confirmed demands pending recovery before the Finance Act, 1995. The judgment held that interest should be calculated from three months after the enactment of the Finance Act, 1995, emphasizing timely duty payments and deterring delays in settling duty obligations. The Revenue's appeal was allowed, setting aside the Commissioner's order, and establishing the correct application of interest provisions under Section 11AA. en-us Mon, 04 Dec 2000 00:00:00 +0530 Tue, 20 Dec 2011 16:07:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96286 The court clarified the interpretation of Section 11AA of the Central Excise Act, 1944, regarding interest payment on confirmed demands pending recovery before the Finance Act, 1995. The judgment held that interest should be calculated from three months after the enactment of the Finance Act, 1995, emphasizing timely duty payments and deterring delays in settling duty obligations. The Revenue's appeal was allowed, setting aside the Commissioner's order, and establishing the correct application of interest provisions under Section 11AA. Case-Laws Central Excise Mon, 04 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96286