https://www.taxtmi.com/caselaws?id=152525 The Appellate Tribunal CESTAT AHMEDABAD considered an appeal regarding delayed payment of duty and subsequent refund claim. The Tribunal held that the appellants were liable to pay interest for delayed duty payment, despite their request for deduction based on an exemption notification. The Tribunal emphasized that interest under Section 11AB is mandatory if duty is not paid within the specified time, regardless of refund claims. Consequently, the appeals were rejected, affirming the obligation to pay interest as per statutory requirements. en-us Mon, 25 Jan 2010 00:00:00 +0530 Sat, 06 Jul 2013 12:19:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152525 The Appellate Tribunal CESTAT AHMEDABAD considered an appeal regarding delayed payment of duty and subsequent refund claim. The Tribunal held that the appellants were liable to pay interest for delayed duty payment, despite their request for deduction based on an exemption notification. The Tribunal emphasized that interest under Section 11AB is mandatory if duty is not paid within the specified time, regardless of refund claims. Consequently, the appeals were rejected, affirming the obligation to pay interest as per statutory requirements. Case-Laws Central Excise Mon, 25 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152525