https://www.taxtmi.com/caselaws?id=776741 Interest on duty confirmed for petroleum-product transit loss under the warehousing procedure was not leviable under Section 11AB where duty was paid within the prescribed period and no fraud, collusion, wilful misstatement, suppression of facts, or intent to evade duty was established. For periods before 11 May 2001, Section 11AB applied only to short-levy or non-levy arising from the specified culpable conduct; the subsequent amendment expanding its scope did not apply to duties that became payable earlier. Consequently, interest on the confirmed transit-loss duty was unsustainable and relief was available. en-us Thu, 14 Aug 2025 00:00:00 +0530 Tue, 19 Aug 2025 08:38:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776741 Interest on duty confirmed for petroleum-product transit loss under the warehousing procedure was not leviable under Section 11AB where duty was paid within the prescribed period and no fraud, collusion, wilful misstatement, suppression of facts, or intent to evade duty was established. For periods before 11 May 2001, Section 11AB applied only to short-levy or non-levy arising from the specified culpable conduct; the subsequent amendment expanding its scope did not apply to duties that became payable earlier. Consequently, interest on the confirmed transit-loss duty was unsustainable and relief was available. Case-Laws Central Excise Thu, 14 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776741