Amendment to sec. 11AB by FA, 2001 would not wipe out existing interest liability under erstwhile pr

Excise & Customs : Section 11AB(2), as substituted by Finance Act, 2001 and providing that section 11AB(1) would not apply if duty had become payable before 11-5-2001, only provides that interest cannot be imposed under amended section 11AB for dues prior to 11-5-2001; it does not wipe out existing liability to pay interest under unamended provisions