https://www.taxtmi.com/caselaws?id=332220 In a provisional assessment context, excess duty paid on the same goods may be adjusted against short-paid duty for the disputed period, so only the net balance remains payable. The commentary further states that where a short-paid amount survives after such adjustment, interest is payable on that net shortfall for the relevant period. It also notes that if the original computation of interest is not consistent with governing principles, the matter may require fresh quantification by the adjudicating authority. The operative effect is allowance of duty adjustment and recalculation of interest on the net short-paid duty. en-us Fri, 08 Jul 2016 00:00:00 +0530 Mon, 12 Sep 2016 16:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332220 In a provisional assessment context, excess duty paid on the same goods may be adjusted against short-paid duty for the disputed period, so only the net balance remains payable. The commentary further states that where a short-paid amount survives after such adjustment, interest is payable on that net shortfall for the relevant period. It also notes that if the original computation of interest is not consistent with governing principles, the matter may require fresh quantification by the adjudicating authority. The operative effect is allowance of duty adjustment and recalculation of interest on the net short-paid duty. Case-Laws Central Excise Fri, 08 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332220