2010 (5) TMI 363

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..... ondent. [Order]. - On hearing i sides on the application for waiver of predeposit of interest of Rs. 6,08,142/-. I find that it is possible to decide the appeal itself at this stage in view of the clear language of Section 11AA of the Central Excise Act, 1944, and hence proceed to do so with the consent of both sides after granting the prayer for stay. 2. The issue for determination is the date .....

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..... 95. Therefore, it is from this date that the assessees will be liable to pay interest and their claim that the interest liability would arise subsequently when the duty demand was challenged and the matter travelled all the way upto the Apex Court, is liable to be rejected. 3. I, therefore, uphold the impugned order and dismiss the appeal. (Dictated and pronounced in open court)
Case laws, D .....

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