https://www.taxtmi.com/caselaws?id=101819 The Commission held that the Applicants were liable to pay simple interest at 10% p.a. on the delayed payment of differential duty amounting to Rs. 25,01,146. Additionally, the Applicants were required to settle the full demand for duty of Rs. 70,75,546 within 30 days. They were granted immunity from prosecution, penalty, and fine under the Central Excise Act and Rules for the case covered by the Application, subject to the provisions of Section 32K of the Central Excise Act, 1944. en-us Mon, 13 May 2002 00:00:00 +0530 Sat, 11 Feb 2012 12:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101819 The Commission held that the Applicants were liable to pay simple interest at 10% p.a. on the delayed payment of differential duty amounting to Rs. 25,01,146. Additionally, the Applicants were required to settle the full demand for duty of Rs. 70,75,546 within 30 days. They were granted immunity from prosecution, penalty, and fine under the Central Excise Act and Rules for the case covered by the Application, subject to the provisions of Section 32K of the Central Excise Act, 1944. Case-Laws Central Excise Mon, 13 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101819