https://www.taxtmi.com/caselaws?id=274996 Duty demand remained undisputed, but penalties could not be sustained because the record did not show a completed final assessment for the relevant period. The department's own reliance on cost-data verification supported the position that the assessments were provisional and were regularised only on finalisation. In that setting, short payment arising during provisional assessment did not justify penalty on the assessee or the executive director. For the same reason, confiscation of land, building and goods also lacked a surviving basis once the assessments were treated as provisional. en-us Wed, 28 May 2014 00:00:00 +0530 Thu, 13 Sep 2018 20:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274996 Duty demand remained undisputed, but penalties could not be sustained because the record did not show a completed final assessment for the relevant period. The department's own reliance on cost-data verification supported the position that the assessments were provisional and were regularised only on finalisation. In that setting, short payment arising during provisional assessment did not justify penalty on the assessee or the executive director. For the same reason, confiscation of land, building and goods also lacked a surviving basis once the assessments were treated as provisional. Case-Laws Central Excise Wed, 28 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274996