https://www.taxtmi.com/caselaws?id=370555 The High Court set aside the Tribunal's order confirming duty against the appellant for manufacturing and using goods internally, remanding the matter for fresh consideration. The penalty under Section 11AC was waived due to the appellant's status as a state corporation and lack of malafide intent. The Supreme Court ruled interest is payable on the differential duty, obligating the appellant to pay interest from the due date until payment. The appellant was directed to pay the interest amount as calculated by the adjudicating authority, while the penalty was overturned. en-us Tue, 09 Oct 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:44:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370555 The High Court set aside the Tribunal's order confirming duty against the appellant for manufacturing and using goods internally, remanding the matter for fresh consideration. The penalty under Section 11AC was waived due to the appellant's status as a state corporation and lack of malafide intent. The Supreme Court ruled interest is payable on the differential duty, obligating the appellant to pay interest from the due date until payment. The appellant was directed to pay the interest amount as calculated by the adjudicating authority, while the penalty was overturned. Case-Laws Central Excise Tue, 09 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370555