2020 (2) TMI 499

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....lant Mr. Pradeep Gupta, Authorised Representative for the Respondent ORDER RACHNA GUPTA: None is present for the appellant. Perusal of record shows that it has been continuously adjourned for awaiting the decision of Hon'ble Supreme Court in the case of Steel Authority of India Ltd. vs. CCE, Raipur. As the Hon'ble Apex Court vide Order dated 07.12.2015 in Steel Authority of India vs. C....

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....aid for every removal of goods on or before the 6th day of the succeeding month. Interpreting the words in the manner contemplated by the Bench which referred the matter would result in doing violence to the provisions of the Act and the Rules which we have interpreted. We have already noted that when an assessee in similar circumstances resorts to provisional assessment upon a final determination....

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....value that admittedly that differential duty is paid. We would think that while the principle that the value of the goods at the time of removal is to reign supreme, in a case where the price is provisional and subject to variation and when it is varied retrospectively it will be the price even at the time of removal. The fact that it is known, later cannot detract from the fact, that the later di....