2003 (11) TMI 406

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....or the Appellant. Shri A.K. Mondal, SDR, for the Respondent. [Order per : Archana Wadhwa, Member (J)]. - As per facts on record, a show cause notice was issued to the appellants for recovery of higher notional credit to the tune of Rs. 6,49,811.25. The said show cause notice was confirmed by the Assistant Commissioner vide his Order dated 31-3-93. The said order of the Assistant Commissio....

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.... credit was finally decided by Tribunal on 26th April, 1998, rejecting the same. As such, the Commissioner (Appeals) vide her impugned order has held that the interest amount after a period of three months from the date of enactment of Section 11AA till the date of payment was justified. The said order is impugned before us. 4. Shri S.K. Roychowdhury, ld. Advocate appearing for the appella....