https://www.taxtmi.com/caselaws?id=206546 The Tribunal ruled that no interest could be levied under Section 18(3) of the Customs Act on the differential duty paid upon finalization of provisional assessments conducted before 13.7.2006. The decision emphasized that the law applicable at the time of the provisional event governs any levy incidental to finalization. The Tribunal dismissed the Revenue's appeal, citing the precedent set in a similar case and the importance of adhering to Tribunal decisions interpreting legal provisions. en-us Fri, 18 Feb 2011 00:00:00 +0530 Mon, 26 Sep 2011 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206546 The Tribunal ruled that no interest could be levied under Section 18(3) of the Customs Act on the differential duty paid upon finalization of provisional assessments conducted before 13.7.2006. The decision emphasized that the law applicable at the time of the provisional event governs any levy incidental to finalization. The Tribunal dismissed the Revenue's appeal, citing the precedent set in a similar case and the importance of adhering to Tribunal decisions interpreting legal provisions. Case-Laws Customs Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206546