https://www.taxtmi.com/caselaws?id=234734 The High Court upheld the liability of the appellant to pay interest on the differential amount of sale price under Section 11AB. The Court emphasized that the appellant should have sought provisional clearance to avoid interest liability. The judgment clarified that the liability to pay interest on short payment of duty was absolute, regardless of the reasons for the short payment. The Court found no substantial question of law to arise and dismissed the appeal, noting that the appellant rectified the short duty payment only after being notified by the respondents. en-us Fri, 14 Jun 2013 00:00:00 +0530 Sat, 04 Jan 2014 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234734 The High Court upheld the liability of the appellant to pay interest on the differential amount of sale price under Section 11AB. The Court emphasized that the appellant should have sought provisional clearance to avoid interest liability. The judgment clarified that the liability to pay interest on short payment of duty was absolute, regardless of the reasons for the short payment. The Court found no substantial question of law to arise and dismissed the appeal, noting that the appellant rectified the short duty payment only after being notified by the respondents. Case-Laws Central Excise Fri, 14 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234734