https://www.taxtmi.com/caselaws?id=46906 The High Court of Jharkhand at Ranchi held that Section 11AB of the Central Excise Act, 1944 operates prospectively. The respondent was not liable to pay interest on duty determined before the section's enactment. The Court dismissed the Revenue's application seeking clarification on the levy of interest under Section 11AB for past duty evasion, stating that the provision does not apply retroactively. The Tribunal's decision was upheld, and the respondent was not required to pay interest on duty determined before the section's applicability. en-us Tue, 05 Mar 2002 00:00:00 +0530 Sat, 24 Jul 2010 15:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46906 The High Court of Jharkhand at Ranchi held that Section 11AB of the Central Excise Act, 1944 operates prospectively. The respondent was not liable to pay interest on duty determined before the section's enactment. The Court dismissed the Revenue's application seeking clarification on the levy of interest under Section 11AB for past duty evasion, stating that the provision does not apply retroactively. The Tribunal's decision was upheld, and the respondent was not required to pay interest on duty determined before the section's applicability. Case-Laws Central Excise Tue, 05 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46906