https://www.taxtmi.com/caselaws?id=121945 Interest was held payable on differential duty arising from supplementary invoices issued under a price escalation clause because the original clearance value was not finally determinable. The later differential amount formed part of the transaction value as an amount payable in connection with the sale, even though paid later. The note also states that provisional assessment would have led to interest on finalisation under the excise rules, and that interest is still attracted where the short-paid duty arises from later ascertainment of the sale price. Relief to the assessee was therefore not available. en-us Thu, 19 Jul 2007 00:00:00 +0530 Fri, 27 Oct 2017 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121945 Interest was held payable on differential duty arising from supplementary invoices issued under a price escalation clause because the original clearance value was not finally determinable. The later differential amount formed part of the transaction value as an amount payable in connection with the sale, even though paid later. The note also states that provisional assessment would have led to interest on finalisation under the excise rules, and that interest is still attracted where the short-paid duty arises from later ascertainment of the sale price. Relief to the assessee was therefore not available. Case-Laws Central Excise Thu, 19 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121945