https://www.taxtmi.com/caselaws?id=340595 The tribunal ruled in favor of the appellant, emphasizing that the final duty assessment should consider the total duty paid for the entire financial year, not on a monthly or consignment basis. It held that provisional assessment under Rule 7 of the Central Excise Rules mandates a consolidated assessment for the entire year. The tribunal allowed adjustments of excess duty paid against short payments during the final assessment, citing relevant judgments. The Assistant Commissioner's monthly assessment approach was deemed incorrect, and the tribunal directed a reassessment in line with these principles. en-us Tue, 28 Feb 2017 00:00:00 +0530 Thu, 23 Mar 2017 09:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340595 The tribunal ruled in favor of the appellant, emphasizing that the final duty assessment should consider the total duty paid for the entire financial year, not on a monthly or consignment basis. It held that provisional assessment under Rule 7 of the Central Excise Rules mandates a consolidated assessment for the entire year. The tribunal allowed adjustments of excess duty paid against short payments during the final assessment, citing relevant judgments. The Assistant Commissioner's monthly assessment approach was deemed incorrect, and the tribunal directed a reassessment in line with these principles. Case-Laws Central Excise Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340595