https://www.taxtmi.com/caselaws?id=47899 A later reduction in contract price did not, by itself, entitle the assessee to refund of excise duty already paid on clearance. Refund was available only where the goods had been assessed and cleared on a provisional basis under Rule 9B of the Central Excise Rules, 1944. In the absence of provisional assessment under the prescribed procedure, duty liability was determined at the stage of clearance, and a subsequent price revision could not create a refund entitlement. The question of law was answered against the assessee and in favour of the Revenue. en-us Tue, 22 Aug 2006 00:00:00 +0530 Sat, 31 Jul 2010 13:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47899 A later reduction in contract price did not, by itself, entitle the assessee to refund of excise duty already paid on clearance. Refund was available only where the goods had been assessed and cleared on a provisional basis under Rule 9B of the Central Excise Rules, 1944. In the absence of provisional assessment under the prescribed procedure, duty liability was determined at the stage of clearance, and a subsequent price revision could not create a refund entitlement. The question of law was answered against the assessee and in favour of the Revenue. Case-Laws Central Excise Tue, 22 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47899