https://www.taxtmi.com/caselaws?id=52875 Interest on a confirmed central excise duty demand under Section 11AB was held not leviable for the period in question because the applicable version of the provision was treated as limiting interest liability to cases involving fraud, collusion or wilful misstatement. As there was no finding of collusion with the employee for short payment, the statutory condition for charging interest was not satisfied, and the interest demand was set aside. The underlying duty demand was sustained. en-us Tue, 01 Jun 2004 00:00:00 +0530 Fri, 08 Oct 2010 11:53:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52875 Interest on a confirmed central excise duty demand under Section 11AB was held not leviable for the period in question because the applicable version of the provision was treated as limiting interest liability to cases involving fraud, collusion or wilful misstatement. As there was no finding of collusion with the employee for short payment, the statutory condition for charging interest was not satisfied, and the interest demand was set aside. The underlying duty demand was sustained. Case-Laws Central Excise Tue, 01 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52875