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Central Excise - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Interest u/s 11AB - Scope of Section 11AB - The provisions of ...

Case Laws     Central Excise

June 20, 2015

Interest u/s 11AB - Scope of Section 11AB - The provisions of Section 11AB, inserted w.e.f. 28th September, 1996 are in the nature of penal interest and would apply only to those cases where clearances were affected after 28th September, 1996, irrespective of the date of passing of the adjudication order. - HC

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