2007 (1) TMI 409

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..... Katiyar, S.D.R., for the Respondent. [Order]. A short issue involved in the present appeal is as to whether appellants are liable to pay interest on the differential duty short paid by them to the extent of Rs. 6,70,223.67 on the ground of under valuation of the goods during the period July 2000 to March 2003. The appellants have challenged the confirmation of interest on the ground that .....

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..... no notice shall be served upon him in respect of duty so paid. As such, it becomes clear that even where the duty was paid by the assessee and no show cause notice is required to be served upon him, his liability to pay interest arises in terms of the provision of Section 11AB. It is further noted that the Larger Bench decision in the case of Machino Montell is of no help to the appellant inasmuch .....

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