https://www.taxtmi.com/caselaws?id=208245 HC allowed the appeal and set aside all impugned orders, holding that interest under Rule 7(4) cannot be levied without netting provisional excess payments against shortfalls across goods covered by the provisional assessment. The court found the department's separate treatment of item-wise shortfalls unreasonable and contrary to the scheme and purpose of the Act, noting the assessee had paid a net excess duty entitled to refund; therefore no interest was payable on the alleged short payment and the levy was unwarranted. en-us Thu, 13 Oct 2011 00:00:00 +0530 Wed, 20 Aug 2025 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208245 HC allowed the appeal and set aside all impugned orders, holding that interest under Rule 7(4) cannot be levied without netting provisional excess payments against shortfalls across goods covered by the provisional assessment. The court found the department's separate treatment of item-wise shortfalls unreasonable and contrary to the scheme and purpose of the Act, noting the assessee had paid a net excess duty entitled to refund; therefore no interest was payable on the alleged short payment and the levy was unwarranted. Case-Laws Central Excise Thu, 13 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208245