https://www.taxtmi.com/caselaws?id=208351 The judgment rejected the Revenue's appeal regarding the demand for interest under Section 18(3) of the Customs Act, 1962. The appellant challenged the interest demand, arguing against its leviability based on the specific circumstances of the case. The Tribunal relied on the precedent set by the Sterlite Industries case, which determined that interest could not be imposed on differential duty paid after provisional assessments made before 13-7-2006. The presence of Section 28AB at the time was crucial in determining the applicability of interest, leading to the rejection of the Revenue's appeal. en-us Fri, 18 Feb 2011 00:00:00 +0530 Fri, 13 Jan 2012 08:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208351 The judgment rejected the Revenue's appeal regarding the demand for interest under Section 18(3) of the Customs Act, 1962. The appellant challenged the interest demand, arguing against its leviability based on the specific circumstances of the case. The Tribunal relied on the precedent set by the Sterlite Industries case, which determined that interest could not be imposed on differential duty paid after provisional assessments made before 13-7-2006. The presence of Section 28AB at the time was crucial in determining the applicability of interest, leading to the rejection of the Revenue's appeal. Case-Laws Customs Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208351