https://www.taxtmi.com/caselaws?id=126157 Interest under Section 11AB of the Central Excise Act remains payable where short-paid duty is later discharged by the assessee on its own ascertainment under Section 11A(2B). The statutory scheme, including Explanation II to Section 11A(2B), preserves the interest liability despite voluntary payment before notice. Because the goods were cleared on provisional price and the assessee knew the duty could vary on finalisation, the subsequent making good of differential duty did not extinguish statutory interest. Authorities relied on to deny interest were distinguished on their facts and legal context. en-us Fri, 17 Apr 2009 00:00:00 +0530 Fri, 02 Nov 2012 17:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126157 Interest under Section 11AB of the Central Excise Act remains payable where short-paid duty is later discharged by the assessee on its own ascertainment under Section 11A(2B). The statutory scheme, including Explanation II to Section 11A(2B), preserves the interest liability despite voluntary payment before notice. Because the goods were cleared on provisional price and the assessee knew the duty could vary on finalisation, the subsequent making good of differential duty did not extinguish statutory interest. Authorities relied on to deny interest were distinguished on their facts and legal context. Case-Laws Central Excise Fri, 17 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126157