2026 (2) TMI 1001

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....eemannarayana, Authorized Representative for the Appellant Mr. Rajasehkar. B. N. N. Superintendent (AR) for the Revenue ORDER Per: P. A. Augustian This appeal is filed against Orders-in-Appeal No. 26&27/2017/LTU dated 03.02.2017 passed by the Commissioner (Appeals) LTU, Bangalore. 2. The issue in the present appeal is whether the Appellant is liable to pay interest on the differenti....

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....ying the value arrived by the Chief Advisor (Cost), and subsequent confirmation of the price, the Appellant paid the differential duty against the goods cleared by them during the period from July 2011 to May 2012. However, Adjudication authority finalized two provisional assessment orders as per order dated 26.08.2015 and 31.08.2015 and confirmed the demand with interest. Aggrieved by said order,....

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....ction 11AB of the Act, from the first day of the month succeeding the month for which such amount is determined till the date of payment thereof". 5. The learned Authorized Representative for the Appellant submits that the differential duty was paid much earlier to the finalization of the order by the adjudicating authority. Therefore, sub rule 4 of Rule 7 of Central Excise Rules, 2002 are not ....

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....the assessment, then, the Rule would have specifically said so................." 7. The above decision was upheld by the Hon'ble Supreme Court reported in CCE & Customs Vs. M/s. CEAT Limited [2015 (12) TMI 1587 SUPREME COURT] 8. This Tribunal also considered the issue in Appellant's own case in Appeal No. 20556/2017-SM and as per Final Order No. 20022/2018 dated 04.01.2018 held that; ....