1997 (3) TMI 122 - SCH - Central Excise

Summary

The Supreme Court granted special leave in a case where interest on duty payment was disputed. The Court held that interest should be paid at 12% per annum until 18th October, 1994, and at 17.5% thereafter. The appellants were directed to pay the balance and interest within 8 weeks. The appeals were allowed with no order as to costs.