https://www.taxtmi.com/caselaws?id=107931 The Appellate Tribunal CESTAT, Mumbai, ruled in favor of the appellants in a case involving the inclusion of interest on a term loan in duty calculation. The tribunal concluded that Sections 11AB and 11AC were not applicable during the relevant period, setting aside the penalty and interest imposed. The duty was paid, including the interest element, without suppression, leading to the favorable outcome for the appellants. en-us Thu, 04 Sep 2003 00:00:00 +0530 Tue, 27 Mar 2012 17:43:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107931 The Appellate Tribunal CESTAT, Mumbai, ruled in favor of the appellants in a case involving the inclusion of interest on a term loan in duty calculation. The tribunal concluded that Sections 11AB and 11AC were not applicable during the relevant period, setting aside the penalty and interest imposed. The duty was paid, including the interest element, without suppression, leading to the favorable outcome for the appellants. Case-Laws Central Excise Thu, 04 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107931