https://www.taxtmi.com/caselaws?id=273333 The Member (Judicial) ruled in favor of the appellant, a manufacturer facing challenges in valuing goods due to fluctuating raw material prices. The appellant sought provisional assessment and voluntarily paid differential excise duty, but the department demanded interest until the actual payment date. Citing a previous Tribunal order and High Court judgment, the Member held that interest is not payable if differential duty is paid before final assessment. The impugned order demanding interest was set aside, emphasizing the importance of legal precedents and consistency in judicial interpretation for fair resolution of tax disputes. en-us Wed, 25 Oct 2017 00:00:00 +0530 Mon, 18 Jun 2018 16:37:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273333 The Member (Judicial) ruled in favor of the appellant, a manufacturer facing challenges in valuing goods due to fluctuating raw material prices. The appellant sought provisional assessment and voluntarily paid differential excise duty, but the department demanded interest until the actual payment date. Citing a previous Tribunal order and High Court judgment, the Member held that interest is not payable if differential duty is paid before final assessment. The impugned order demanding interest was set aside, emphasizing the importance of legal precedents and consistency in judicial interpretation for fair resolution of tax disputes. Case-Laws Central Excise Wed, 25 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273333