https://www.taxtmi.com/caselaws?id=120297 The appeal involved M/s. Ford India Private Limited contesting the demand of interest under Section 11AB for a refund of Special Excise Duty obtained based on a false certificate. The lower appellate authority upheld the interest demand but vacated the penalty. The main issue was the sustainability of the interest demand. The court found that as the duty became payable before the Finance Bill, 2001, the interest demand was not valid. The appellants were not implicated in the fraud, leading to the penalty being vacated. The court set aside the lower authority's decision, allowing the appeal. en-us Fri, 13 Oct 2006 00:00:00 +0530 Wed, 18 Jul 2012 12:50:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120297 The appeal involved M/s. Ford India Private Limited contesting the demand of interest under Section 11AB for a refund of Special Excise Duty obtained based on a false certificate. The lower appellate authority upheld the interest demand but vacated the penalty. The main issue was the sustainability of the interest demand. The court found that as the duty became payable before the Finance Bill, 2001, the interest demand was not valid. The appellants were not implicated in the fraud, leading to the penalty being vacated. The court set aside the lower authority's decision, allowing the appeal. Case-Laws Central Excise Fri, 13 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120297