https://www.taxtmi.com/caselaws?id=258606 The case addressed the issue of liability to pay interest on differential duty when duty is paid before finalization of provisional assessment. The appellant argued that interest is payable only after the determination of the amount, citing a precedent from the Hon'ble Bombay High Court. The Tribunal agreed with the appellant, stating that interest is due only after final assessment. Consequently, the appeal was allowed in favor of the appellant, setting aside the impugned order and entitling the appellant to any consequential benefits. The judgment clarified the application of Rule 7(4) of the Central Excise Rules on interest payment in such cases. en-us Fri, 13 Feb 2015 00:00:00 +0530 Wed, 15 Apr 2015 13:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258606 The case addressed the issue of liability to pay interest on differential duty when duty is paid before finalization of provisional assessment. The appellant argued that interest is payable only after the determination of the amount, citing a precedent from the Hon'ble Bombay High Court. The Tribunal agreed with the appellant, stating that interest is due only after final assessment. Consequently, the appeal was allowed in favor of the appellant, setting aside the impugned order and entitling the appellant to any consequential benefits. The judgment clarified the application of Rule 7(4) of the Central Excise Rules on interest payment in such cases. Case-Laws Central Excise Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258606