https://www.taxtmi.com/caselaws?id=30724 The case involved a dispute over the liability of interest on the differential amount of duty paid by the assessees before final assessments under Rule 7(4) of the Central Excise Rules, 2002. The Tribunal referred the matter to a Larger Bench due to conflicting views on whether interest was payable, emphasizing the legislative intent behind the rule and the CBEC instruction. The revenue-neutrality argument raised by the assessees was briefly discussed, with a suggestion for a consistent approach in such references for clarity and coherence in legal interpretations. en-us Wed, 02 Jul 2008 00:00:00 +0530 Thu, 18 Sep 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30724 The case involved a dispute over the liability of interest on the differential amount of duty paid by the assessees before final assessments under Rule 7(4) of the Central Excise Rules, 2002. The Tribunal referred the matter to a Larger Bench due to conflicting views on whether interest was payable, emphasizing the legislative intent behind the rule and the CBEC instruction. The revenue-neutrality argument raised by the assessees was briefly discussed, with a suggestion for a consistent approach in such references for clarity and coherence in legal interpretations. Case-Laws Central Excise Wed, 02 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30724