https://www.taxtmi.com/caselaws?id=377478 Freight charges, interest on receivable and bank charges were accepted in principle as deductible elements for determining assessable value, but the supporting records were insufficient for verification, so remand for quantification was proper. Interest on differential duty was held payable because provisional assessment had not been validly undertaken under the prescribed procedure; the absence of such provisional finalisation defeated the objection to interest. The document therefore clarifies that admissibility of deductions may depend on factual quantification, while interest attaches to differential duty when the assessment is not lawfully provisional. en-us Tue, 26 Feb 2019 00:00:00 +0530 Sat, 30 Mar 2019 07:00:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377478 Freight charges, interest on receivable and bank charges were accepted in principle as deductible elements for determining assessable value, but the supporting records were insufficient for verification, so remand for quantification was proper. Interest on differential duty was held payable because provisional assessment had not been validly undertaken under the prescribed procedure; the absence of such provisional finalisation defeated the objection to interest. The document therefore clarifies that admissibility of deductions may depend on factual quantification, while interest attaches to differential duty when the assessment is not lawfully provisional. Case-Laws Central Excise Tue, 26 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377478