https://www.taxtmi.com/circulars?id=454 Whether interest under Section 11AB applies retrospectively was disputed: the Department and Solicitor General treated duty as payable on adjudication so the provision would govern adjudications on or after 28.9.1996; CEGAT rejected this as penal and limited applicability to clearances after 28.9.1996, a view left intact by higher courts. Amendment w.e.f. 11.5.2001 clarifies that the provision applies only where duty became payable or ought to have been paid after 11.5.2001, and that duty can become payable by Board instructions as well as adjudication. en-us Mon, 26 Aug 2002 00:00:00 +0530 Tue, 23 Sep 2008 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=454 Whether interest under Section 11AB applies retrospectively was disputed: the Department and Solicitor General treated duty as payable on adjudication so the provision would govern adjudications on or after 28.9.1996; CEGAT rejected this as penal and limited applicability to clearances after 28.9.1996, a view left intact by higher courts. Amendment w.e.f. 11.5.2001 clarifies that the provision applies only where duty became payable or ought to have been paid after 11.5.2001, and that duty can become payable by Board instructions as well as adjudication. Circulars Central Excise Mon, 26 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=454