https://www.taxtmi.com/caselaws?id=121811 The case involved the interpretation of Section 11AB of the Central Excise Act, 1944 regarding interest payment on duty and duty determination in cases of price revision post goods clearance. The Commissioner (Appeals) ruled in favor of the respondents, holding that duty payment is based on the value known at the time of clearance, not on subsequent price revisions. Consequently, the respondents were not liable for interest under Section 11AB. The Tribunal upheld this decision, rejecting the Revenue's appeal. en-us Wed, 21 Jun 2006 00:00:00 +0530 Mon, 06 Aug 2012 15:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121811 The case involved the interpretation of Section 11AB of the Central Excise Act, 1944 regarding interest payment on duty and duty determination in cases of price revision post goods clearance. The Commissioner (Appeals) ruled in favor of the respondents, holding that duty payment is based on the value known at the time of clearance, not on subsequent price revisions. Consequently, the respondents were not liable for interest under Section 11AB. The Tribunal upheld this decision, rejecting the Revenue's appeal. Case-Laws Central Excise Wed, 21 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121811