https://www.taxtmi.com/caselaws?id=349679 The Appellate Tribunal CESTAT Ahmedabad ruled in favor of the appellant in a case concerning the interpretation of Rule 7(4) of the Central Excise Rules, 2002. The Tribunal held that interest on provisional assessment is payable only after the final assessment determines the duty payable, aligning with the judgments of the Bombay High Court and the Supreme Court. The decision overturned the Revenue's argument, based on the Allahabad High Court judgment, and set aside the impugned order, allowing the appeals in favor of the appellant. en-us Tue, 10 Oct 2017 00:00:00 +0530 Sat, 02 Dec 2017 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349679 The Appellate Tribunal CESTAT Ahmedabad ruled in favor of the appellant in a case concerning the interpretation of Rule 7(4) of the Central Excise Rules, 2002. The Tribunal held that interest on provisional assessment is payable only after the final assessment determines the duty payable, aligning with the judgments of the Bombay High Court and the Supreme Court. The decision overturned the Revenue's argument, based on the Allahabad High Court judgment, and set aside the impugned order, allowing the appeals in favor of the appellant. Case-Laws Central Excise Tue, 10 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349679