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 to customers. The Tribunal's decision to dismiss the Revenue's appeal was upheld, affirming that the conditions for levying interest were not met in this case.