Commr.Of Central Excise,Pune vs M/S Skf India Ltd

The Supreme Court examined the applicability of interest under Section 11AB of the Central Excise Act concerning the payment of differential duty. The Court held that interest is not chargeable when there is no time-gap between the payment of differential duty and the issuance of supplementary invoices, affirming the Tribunal's decision that the Revenue's demand for interest was unjustified. The ruling clarified the conditions under which interest can be levied, reinforcing the principles established in previous cases regarding the recovery of excise duties.