https://www.taxtmi.com/caselaws?id=377478 The Tribunal remanded the case to the adjudicating authority for proper quantification of deductions on freight charges, interest on receivable, and bank charges claimed by the appellant. The Tribunal upheld the applicability of interest on the recalculated duty amount, rejecting the argument that interest should not apply due to the provisional nature of the assessment. The decision emphasized the need for sufficient documentation to support deductions and clarified the stance on interest payment in cases of reassessed assessable values. 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 The Tribunal remanded the case to the adjudicating authority for proper quantification of deductions on freight charges, interest on receivable, and bank charges claimed by the appellant. The Tribunal upheld the applicability of interest on the recalculated duty amount, rejecting the argument that interest should not apply due to the provisional nature of the assessment. The decision emphasized the need for sufficient documentation to support deductions and clarified the stance on interest payment in cases of reassessed assessable values. Case-Laws Central Excise Tue, 26 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377478