https://www.taxtmi.com/caselaws?id=246507 The Appellate Tribunal CESTAT AHMEDABAD accepted the appellant's argument that interest under Section 11AB of the Central Excise Act, 1944 should be set aside since there was no fraud or mis-declaration. The Tribunal modified the order to specify that duty demand was upheld, but interest demanded under Section 11AB was set aside. The penalty was also set aside. The judgment highlighted the importance of aligning with statutory provisions and factual accuracy in determining interest liability under the Central Excise Act, 1944. en-us Wed, 04 Jul 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:26:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246507 The Appellate Tribunal CESTAT AHMEDABAD accepted the appellant's argument that interest under Section 11AB of the Central Excise Act, 1944 should be set aside since there was no fraud or mis-declaration. The Tribunal modified the order to specify that duty demand was upheld, but interest demanded under Section 11AB was set aside. The penalty was also set aside. The judgment highlighted the importance of aligning with statutory provisions and factual accuracy in determining interest liability under the Central Excise Act, 1944. Case-Laws Central Excise Wed, 04 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246507