https://www.taxtmi.com/caselaws?id=433666 In provisional assessment cases under excise law, interest on differential duty accrues from the date the duty became payable for clearance of the goods, not from the date of final assessment. The Court applied the earlier three-Judge Bench ruling and held that later crystallisation of the differential duty does not shift the commencement of interest liability. The result was that interest was payable from the due date for the provisional duty until payment of the balance duty on final assessment, and the issue was decided against the assessee. en-us Wed, 07 Sep 2022 00:00:00 +0530 Tue, 07 Feb 2023 10:07:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433666 In provisional assessment cases under excise law, interest on differential duty accrues from the date the duty became payable for clearance of the goods, not from the date of final assessment. The Court applied the earlier three-Judge Bench ruling and held that later crystallisation of the differential duty does not shift the commencement of interest liability. The result was that interest was payable from the due date for the provisional duty until payment of the balance duty on final assessment, and the issue was decided against the assessee. Case-Laws Central Excise Wed, 07 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433666