https://www.taxtmi.com/caselaws?id=51629 Finalisation of provisional excise assessment under Rule 9B(5) required duty already adjusted against the assessed liability, and excess duty became refundable on finalisation itself. Securities furnished for a subsequent assessment period could not be appropriated to discharge liability for an earlier period where adequate deposits and securities already existed for that earlier period. The rule did not require a separate refund application after final assessment, as that would create unnecessary multiplicity of proceedings. Section 11 did not justify diversion of security from a different assessment period on these facts. en-us Thu, 07 Nov 2002 00:00:00 +0530 Mon, 27 Sep 2010 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51629 Finalisation of provisional excise assessment under Rule 9B(5) required duty already adjusted against the assessed liability, and excess duty became refundable on finalisation itself. Securities furnished for a subsequent assessment period could not be appropriated to discharge liability for an earlier period where adequate deposits and securities already existed for that earlier period. The rule did not require a separate refund application after final assessment, as that would create unnecessary multiplicity of proceedings. Section 11 did not justify diversion of security from a different assessment period on these facts. Case-Laws Central Excise Thu, 07 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51629