https://www.taxtmi.com/caselaws?id=166265 The High Court consolidated appeals challenging a CESTAT judgment on interest liability under the Customs Act. It clarified that interest on final duty is payable if not paid timely, distinguishing between provisional and final assessments. The Court reconciled Sections 47 and 18, finding they operate in distinct contexts. It upheld the Tribunal's decision, noting no evidence of duty payment delays. Consequently, all tax appeals were dismissed. en-us Fri, 12 Aug 2011 00:00:00 +0530 Sat, 13 Sep 2014 22:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166265 The High Court consolidated appeals challenging a CESTAT judgment on interest liability under the Customs Act. It clarified that interest on final duty is payable if not paid timely, distinguishing between provisional and final assessments. The Court reconciled Sections 47 and 18, finding they operate in distinct contexts. It upheld the Tribunal's decision, noting no evidence of duty payment delays. Consequently, all tax appeals were dismissed. Case-Laws Customs Fri, 12 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166265