https://www.taxtmi.com/caselaws?id=124674 Interest liability on wrongly availed Cenvat credit for the period before 11-5-2001 was examined with reference to Rule 57-I, Rule 57AH, Rule 12 of the Cenvat Credit Rules, 2001, and Sections 11AA and 11AB of the Central Excise Act, 1944. The order considered whether amended Section 11AB continued to permit recovery of interest where the demand was confirmed by invoking the extended period, and whether the saving principle in Section 6 of the General Clauses Act preserved such liability. Noting conflicting Tribunal views and the effect of the 11-5-2001 amendment, the Bench referred the question to the President for constitution of a Larger Bench. en-us Fri, 10 Oct 2008 00:00:00 +0530 Thu, 04 Oct 2012 11:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124674 Interest liability on wrongly availed Cenvat credit for the period before 11-5-2001 was examined with reference to Rule 57-I, Rule 57AH, Rule 12 of the Cenvat Credit Rules, 2001, and Sections 11AA and 11AB of the Central Excise Act, 1944. The order considered whether amended Section 11AB continued to permit recovery of interest where the demand was confirmed by invoking the extended period, and whether the saving principle in Section 6 of the General Clauses Act preserved such liability. Noting conflicting Tribunal views and the effect of the 11-5-2001 amendment, the Bench referred the question to the President for constitution of a Larger Bench. Case-Laws Central Excise Fri, 10 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124674