https://www.taxtmi.com/caselaws?id=756176 CESTAT Chennai allowed the appeal against the First Appellate Authority's order setting aside provisional assessments. The tribunal held that the appellate authority's action constituted a mere change of opinion without justification. Since the assessee had not violated Office Order guidelines dated 22.12.2004 and the adjudicating authority properly followed the prescribed procedures for provisional assessment finalization, the setting aside was impermissible. The tribunal emphasized that absent any revenue loss or breach of memorandum conditions, changing a properly made assessment based solely on differing opinion is unsustainable in law. en-us Tue, 23 Jul 2024 00:00:00 +0530 Mon, 29 Jul 2024 19:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756176 CESTAT Chennai allowed the appeal against the First Appellate Authority's order setting aside provisional assessments. The tribunal held that the appellate authority's action constituted a mere change of opinion without justification. Since the assessee had not violated Office Order guidelines dated 22.12.2004 and the adjudicating authority properly followed the prescribed procedures for provisional assessment finalization, the setting aside was impermissible. The tribunal emphasized that absent any revenue loss or breach of memorandum conditions, changing a properly made assessment based solely on differing opinion is unsustainable in law. Case-Laws Central Excise Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756176