2007 (10) TMI 89

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....GOA/CEX/BBP/84/2006 dt. 22.9.2006. 2. Considered the submissions made by both sides and perused the records.  The issue involved in this case is regarding the interest payable under Section 11AB on the value of insurance and freight charges incurred while transferring goods to Delhi depot. It has been alleged that for the period from April, 2001 to July, 2004.  The appellant today hav....

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....interest is liable to be charged all the amount that has not been paid from 11/05/01, I find that in this case the period is from April 2001 to July 2004. It is seen that part of the period for charging interest is clearly barred by explanation to sub-section (1) of Section 11AB which clearly states that the provisions of Section 11AB (1) will not apply to the cases were duty paid or payable is pr....