https://www.taxtmi.com/caselaws?id=34888 The Tribunal held that interest demand for the period before May 2001, amounting to Rs. 3,51,303, was unsustainable as there was no evidence of fraud or intent to evade duty payment. The Tribunal partially allowed the appeal, emphasizing that interest is payable for delays in payment of duty short paid on the assessee's own ascertainment before the issue of a Show Cause Notice. The decision focused on specific provisions of the Act and disregarded previous Supreme Court judgments cited by the department, providing clarity on interest payment requirements in cases without fraudulent activities. en-us Mon, 15 Dec 2008 00:00:00 +0530 Sat, 07 Nov 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34888 The Tribunal held that interest demand for the period before May 2001, amounting to Rs. 3,51,303, was unsustainable as there was no evidence of fraud or intent to evade duty payment. The Tribunal partially allowed the appeal, emphasizing that interest is payable for delays in payment of duty short paid on the assessee's own ascertainment before the issue of a Show Cause Notice. The decision focused on specific provisions of the Act and disregarded previous Supreme Court judgments cited by the department, providing clarity on interest payment requirements in cases without fraudulent activities. Case-Laws Central Excise Mon, 15 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34888