https://www.taxtmi.com/caselaws?id=392055 Interest is payable on differential duty arising from retrospective price variation where goods were cleared on provisional pricing. The Supreme Court position applied by CESTAT treats the later-revised price as relating back to the time of removal, so the duty liability and corresponding interest are not postponed until final assessment. Applying that settled principle, the Tribunal held the appeal was covered against the assessee and confirmed that interest attaches to the differential duty. en-us Fri, 20 Dec 2019 00:00:00 +0530 Thu, 07 Nov 2024 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392055 Interest is payable on differential duty arising from retrospective price variation where goods were cleared on provisional pricing. The Supreme Court position applied by CESTAT treats the later-revised price as relating back to the time of removal, so the duty liability and corresponding interest are not postponed until final assessment. Applying that settled principle, the Tribunal held the appeal was covered against the assessee and confirmed that interest attaches to the differential duty. Case-Laws Central Excise Fri, 20 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392055