https://www.taxtmi.com/caselaws?id=127553 The Tribunal dismissed the Revenue's appeal, upholding the decision of the Commissioner (Appeals). It was held that interest on the payment of differential duty was not applicable due to the correct application of the Central Excise Valuation Rules. The Tribunal determined that since the principal duty itself was not liable to be paid, there was no basis for levying interest on the differential duty. The interpretation of the Valuation Rules in the context of sales to independent buyers influenced the conclusion that the respondents were not liable for the payment of the differential duty. en-us Wed, 27 Jan 2010 00:00:00 +0530 Fri, 02 Aug 2013 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127553 The Tribunal dismissed the Revenue's appeal, upholding the decision of the Commissioner (Appeals). It was held that interest on the payment of differential duty was not applicable due to the correct application of the Central Excise Valuation Rules. The Tribunal determined that since the principal duty itself was not liable to be paid, there was no basis for levying interest on the differential duty. The interpretation of the Valuation Rules in the context of sales to independent buyers influenced the conclusion that the respondents were not liable for the payment of the differential duty. Case-Laws Central Excise Wed, 27 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127553