https://www.taxtmi.com/caselaws?id=51939 The tribunal ruled in favor of the appellant, finding no justification to levy interest under Section 11AB of the Central Excise Act, 1944. The decision emphasized the similarity in wordings between Section 11AB and Section 11AC, highlighting the importance of intent in determining the applicability of interest, particularly in cases involving Modvat accounts. The judgment underscores the need for consistency in applying statutory provisions and considering precedents to ensure fair outcomes in excise duty cases. en-us Fri, 27 Jun 2003 00:00:00 +0530 Wed, 29 Sep 2010 12:56:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51939 The tribunal ruled in favor of the appellant, finding no justification to levy interest under Section 11AB of the Central Excise Act, 1944. The decision emphasized the similarity in wordings between Section 11AB and Section 11AC, highlighting the importance of intent in determining the applicability of interest, particularly in cases involving Modvat accounts. The judgment underscores the need for consistency in applying statutory provisions and considering precedents to ensure fair outcomes in excise duty cases. Case-Laws Central Excise Fri, 27 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51939