https://www.taxtmi.com/caselaws?id=52319 Wrongly taken credit attracts recovery and interest provisions under Rule 57AH read with Sections 11A, 11AA and 11AB, but interest under Section 11AA arises only after duty is determined under Section 11A(2) following notice under Section 11A(1), and the person then fails to pay within three months. Where the credit is reversed before issue of notice, those statutory conditions for fastening interest are not satisfied. Interest was therefore not payable. en-us Thu, 30 Oct 2003 00:00:00 +0530 Tue, 05 Oct 2010 11:41:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52319 Wrongly taken credit attracts recovery and interest provisions under Rule 57AH read with Sections 11A, 11AA and 11AB, but interest under Section 11AA arises only after duty is determined under Section 11A(2) following notice under Section 11A(1), and the person then fails to pay within three months. Where the credit is reversed before issue of notice, those statutory conditions for fastening interest are not satisfied. Interest was therefore not payable. Case-Laws Central Excise Thu, 30 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52319