https://www.taxtmi.com/caselaws?id=203779 Enhanced interest under Notification No. 12/2003-C.E. (N.T.) applied to duty paid after its commencement, because the notification was prospective and the liability to interest arose on the date the delayed duty was actually paid. The argument based on cases concerning penalties imposed before a provision came into force was inapplicable, as this matter concerned only an enhanced rate of interest within an existing charging framework. The demand for interest was therefore sustained, and the Revenue's appeal was allowed. en-us Fri, 29 Oct 2010 00:00:00 +0530 Wed, 05 Jun 2013 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203779 Enhanced interest under Notification No. 12/2003-C.E. (N.T.) applied to duty paid after its commencement, because the notification was prospective and the liability to interest arose on the date the delayed duty was actually paid. The argument based on cases concerning penalties imposed before a provision came into force was inapplicable, as this matter concerned only an enhanced rate of interest within an existing charging framework. The demand for interest was therefore sustained, and the Revenue's appeal was allowed. Case-Laws Central Excise Fri, 29 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203779