https://www.taxtmi.com/caselaws?id=1067 Duty on inputs cleared as such under Rule 3(4) of the Cenvat Credit Rules, 2002 was not required to be paid on the date of removal after the 01-03-2003 amendment deleting that timing requirement. Payment made in accordance with the monthly cycle under Rule 8 of the Central Excise Rules, 2002 was accepted, and no basis remained to treat the assessee as in default. As the duty was not legally payable immediately on clearance, interest under Section 11AB of the Central Excise Act, 1944 was also not leviable for alleged delay. The challenge to the rejection of duty and interest demands therefore failed. en-us Wed, 04 Oct 2006 00:00:00 +0530 Mon, 14 Apr 2008 05:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1067 Duty on inputs cleared as such under Rule 3(4) of the Cenvat Credit Rules, 2002 was not required to be paid on the date of removal after the 01-03-2003 amendment deleting that timing requirement. Payment made in accordance with the monthly cycle under Rule 8 of the Central Excise Rules, 2002 was accepted, and no basis remained to treat the assessee as in default. As the duty was not legally payable immediately on clearance, interest under Section 11AB of the Central Excise Act, 1944 was also not leviable for alleged delay. The challenge to the rejection of duty and interest demands therefore failed. Case-Laws Central Excise Wed, 04 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1067