2008 (9) TMI 813

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... or the Respondent. [Order per : S.S. Kang, Vice-President]. The applicant filed this application for waiver of pre-deposit of interest amount of Rs. 88,226/-. The amount of interest was demanding under the provision of Section 11AB of the Central Excise Act. The adjudicating authority dropped the proceedings. However, on the appeal filed by the revenue, the Commissioner (Appeals) confirm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the each month. Hence the demand of interest is not sustainable. 4. We find that the demand of interest is under Section 11AB of the Act. The provision of Section provides that the interest will be charged from the first date of month succeeding the month in which duty ought to have been paid. In the present case as the duty has been paid at the end of each month, therefore, prima facie, we f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X