https://www.taxtmi.com/caselaws?id=334163 Refund of central excise duty was held inadmissible where goods were cleared on a final basis and no provisional assessment had been made. The later retrospective reduction in price, supported by amended purchase orders and debit or credit notes, did not reopen the duty already paid on clearance. The applicable principle was that anticipated price variation should be addressed through provisional assessment; absent that course, a subsequent price reduction does not provide a valid basis for refund. The Commissioner (Appeals) order was sustained and the claim failed. en-us Wed, 31 Aug 2016 00:00:00 +0530 Sat, 05 Nov 2016 06:39:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334163 Refund of central excise duty was held inadmissible where goods were cleared on a final basis and no provisional assessment had been made. The later retrospective reduction in price, supported by amended purchase orders and debit or credit notes, did not reopen the duty already paid on clearance. The applicable principle was that anticipated price variation should be addressed through provisional assessment; absent that course, a subsequent price reduction does not provide a valid basis for refund. The Commissioner (Appeals) order was sustained and the claim failed. Case-Laws Central Excise Wed, 31 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334163