2013 (10) TMI 719

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.... ORDER This is an Application seeking waiver of predeposit of interest of Rs.89,641/- under Section 11AB of the Central Excise Act, 1944(CEA). 2. At the outset, ld. Advocate appearing for the Applicant submits that they are engaged in the manufacture of excisable goods namely, PSC Sleepers falling under Chapter 68 of the Central Excise Tariff Act, 1985. During the period from January, 2007 to J....

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....he interest was not leviable as their contract contained an escalation clause and the Applicant were not aware of the value of the goods at the time of clearance from their factory. The ld. Advocate further submitted that the ratio in CCE, Pune vs. SKF India Ltd., 2009(07)LCX0001, is not applicable to the facts of the present case, as the value in that case was final. 3. Ld. AR for the Revenue su....