https://www.taxtmi.com/caselaws?id=350882 The tribunal held that interest under Rule 7(4) of the Central Excise Rules, 2002 is payable only upon final determination of duty, not immediately after provisional assessment. Relying on the precedent set by the Hon'ble Bombay High Court and the Supreme Court, the tribunal allowed the appeals in favor of the appellant, setting aside the impugned order. This decision provides clarity on the timing of interest payment in cases of provisional assessment, establishing a binding precedent for future cases. en-us Tue, 17 Oct 2017 00:00:00 +0530 Sat, 02 Dec 2017 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350882 The tribunal held that interest under Rule 7(4) of the Central Excise Rules, 2002 is payable only upon final determination of duty, not immediately after provisional assessment. Relying on the precedent set by the Hon'ble Bombay High Court and the Supreme Court, the tribunal allowed the appeals in favor of the appellant, setting aside the impugned order. This decision provides clarity on the timing of interest payment in cases of provisional assessment, establishing a binding precedent for future cases. Case-Laws Central Excise Tue, 17 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350882