https://www.taxtmi.com/caselaws?id=260375 The court affirmed the appellant's liability to pay interest under Section 11AB of the Central Excise Act on the duty paid through supplementary invoices. It rejected the argument that interest is only payable upon a demand notice, citing the Supreme Court's interpretation that interest is chargeable for delayed duty payment regardless of the reason. The court also upheld the Tribunal's decision to disregard the Karnataka High Court's ruling in a similar case, emphasizing the applicability of the Supreme Court's precedent. As a result, the appeals were dismissed, and the appellant was required to pay the interest without costs. en-us Thu, 11 Sep 2014 00:00:00 +0530 Wed, 10 Jun 2015 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260375 The court affirmed the appellant's liability to pay interest under Section 11AB of the Central Excise Act on the duty paid through supplementary invoices. It rejected the argument that interest is only payable upon a demand notice, citing the Supreme Court's interpretation that interest is chargeable for delayed duty payment regardless of the reason. The court also upheld the Tribunal's decision to disregard the Karnataka High Court's ruling in a similar case, emphasizing the applicability of the Supreme Court's precedent. As a result, the appeals were dismissed, and the appellant was required to pay the interest without costs. Case-Laws Central Excise Thu, 11 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260375