https://www.taxtmi.com/caselaws?id=759002 Interest on finalisation of provisional assessment was linked to the settled rule that interest on short-paid duty accrues from the due date, not from the date of final assessment. Applying that principle, the assessee quantified the mutual interest liabilities and had already discharged the interest payable on the short-paid duty. On that basis, the corresponding interest due on excess duty paid could not be withheld merely because the final assessment order was not separately challenged. The assessee was therefore entitled to the interest refund, subject to adjustment of the amount payable to the Government. en-us Fri, 20 Sep 2024 00:00:00 +0530 Mon, 23 Sep 2024 09:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759002 Interest on finalisation of provisional assessment was linked to the settled rule that interest on short-paid duty accrues from the due date, not from the date of final assessment. Applying that principle, the assessee quantified the mutual interest liabilities and had already discharged the interest payable on the short-paid duty. On that basis, the corresponding interest due on excess duty paid could not be withheld merely because the final assessment order was not separately challenged. The assessee was therefore entitled to the interest refund, subject to adjustment of the amount payable to the Government. Case-Laws Central Excise Fri, 20 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759002