https://www.taxtmi.com/caselaws?id=265880 The Tribunal upheld the demand for interest on voluntarily paid differential duty, despite not being determined under Section 11A(2). It ruled that interest under Section 11AB is applicable for delayed duty payment to compensate for revenue loss, following legal precedents. The appellant's argument that interest should not be charged on voluntarily discharged duty was dismissed, affirming the Revenue's position that interest is inevitable in cases of delayed duty payment. en-us Fri, 08 May 2015 00:00:00 +0530 Fri, 16 Oct 2015 22:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265880 The Tribunal upheld the demand for interest on voluntarily paid differential duty, despite not being determined under Section 11A(2). It ruled that interest under Section 11AB is applicable for delayed duty payment to compensate for revenue loss, following legal precedents. The appellant's argument that interest should not be charged on voluntarily discharged duty was dismissed, affirming the Revenue's position that interest is inevitable in cases of delayed duty payment. Case-Laws Central Excise Fri, 08 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265880