2000 (11) TMI 162 - HC - Central Excise

Summary

The High Court of Gujarat at Ahmedabad, in a judgment, held that there was gross delay in the case of Modvat credit. The Court directed the Revenue to pay interest, citing a circular related to Section 11BB of the Central Excise Act. The Court emphasized that the delay caused financial loss to the petitioners, leading to the decision to apply the same analogy. All applications were disposed of with liberty reserved for further action by the counsel.