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Interest on Differential Duty Confirmed u/ss 11A and 11AB of Central Excise Act Due to Price Escalation Clause.

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Full Text of the Document

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....Interest on differential duty - price escalation clause - Section 11A and section 11AB as it stood at the relevant time did not provide read with the rules any other point of time when the amount of duty could be said to be payable and so equally the interest - Demand of interest confirmed.....