2010 (10) TMI 178 - HC - Central Excise

Interest provisional assessment - differential duty was paid prior to the date of final assessment - assessee is not liable to pay interest - appeal is disposed accordingly

Summary

The Bombay High Court judgment in 2010 ruled in favor of the respondent, stating that interest on differential duty is not payable if duty is paid before final assessment, as per Rule 7(4) of Central Excise Rules, 2002. The appeal was disposed of with no costs.