https://www.taxtmi.com/caselaws?id=331491 The Tribunal dismissed the Revenue's appeal regarding the levying of interest on finalization of provisional assessment before 13.07.2006. Citing previous judgments by the Hon'ble Gujarat High Court, the Tribunal held that interest liability on the difference between finally assessed and provisionally assessed duty only applied from 13.07.2006 onwards. Applying this provision retrospectively was deemed impermissible, leading to the dismissal of the appeal in line with the established legal interpretation by the High Court. en-us Tue, 16 Aug 2016 00:00:00 +0530 Wed, 31 Aug 2016 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331491 The Tribunal dismissed the Revenue's appeal regarding the levying of interest on finalization of provisional assessment before 13.07.2006. Citing previous judgments by the Hon'ble Gujarat High Court, the Tribunal held that interest liability on the difference between finally assessed and provisionally assessed duty only applied from 13.07.2006 onwards. Applying this provision retrospectively was deemed impermissible, leading to the dismissal of the appeal in line with the established legal interpretation by the High Court. Case-Laws Customs Tue, 16 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331491