https://www.taxtmi.com/caselaws?id=206104 The Appellate Tribunal CESTAT, Mumbai allowed the appeals filed by the appellants, granting them relief from paying interest on the differential duty under Rule 7(4) of the Central Excise Rules, 2002. The Tribunal distinguished the present case from the SKF Ltd. decision, emphasizing that interest is not payable on finalization of provisional assessment if the duty has been paid before final assessment, in line with previous judgments and the decision of the Hon'ble High Court of Bombay. The Tribunal's ruling favored the appellants based on established principles and specific case circumstances. en-us Thu, 17 Mar 2011 00:00:00 +0530 Sat, 18 Aug 2012 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206104 The Appellate Tribunal CESTAT, Mumbai allowed the appeals filed by the appellants, granting them relief from paying interest on the differential duty under Rule 7(4) of the Central Excise Rules, 2002. The Tribunal distinguished the present case from the SKF Ltd. decision, emphasizing that interest is not payable on finalization of provisional assessment if the duty has been paid before final assessment, in line with previous judgments and the decision of the Hon'ble High Court of Bombay. The Tribunal's ruling favored the appellants based on established principles and specific case circumstances. Case-Laws Central Excise Thu, 17 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206104