https://www.taxtmi.com/caselaws?id=249947 In a revenue-neutral excise situation where duty-paid inputs were cleared to sister concerns and the recipient units could avail credit, non-payment of duty was not attributable to fraud, collusion, or wilful misstatement. On that basis, unamended Section 11AB of the Central Excise Act could not support levy of interest for clearances made before 11.05.2001. The ruling distinguished the post-amendment position and stated that, for pre-11.05.2001 clearances, interest would arise only from 11.05.2001 if payment was made later, while for clearances on or after 11.05.2001 interest would run from the date duty became payable. en-us Wed, 16 Jul 2014 00:00:00 +0530 Tue, 25 Nov 2014 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249947 In a revenue-neutral excise situation where duty-paid inputs were cleared to sister concerns and the recipient units could avail credit, non-payment of duty was not attributable to fraud, collusion, or wilful misstatement. On that basis, unamended Section 11AB of the Central Excise Act could not support levy of interest for clearances made before 11.05.2001. The ruling distinguished the post-amendment position and stated that, for pre-11.05.2001 clearances, interest would arise only from 11.05.2001 if payment was made later, while for clearances on or after 11.05.2001 interest would run from the date duty became payable. Case-Laws Central Excise Wed, 16 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249947