1998 (9) TMI 177

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..... The appeal is dire- cted against the impugned order of the Commissioner of C.E. (Appeals), Mumbai whereby he has upheld the order of the Asstt. Commissioner of Customs, Air Cargo Complex, directing that the interest paid on the goods for deferred payment should be added to the assessable value of the imported goods. 2. When the matter was called, none is present for the appellant despite Notice .....

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..... ioner (Appeals) has rightly observed when the payment is made immediately on presentation of document there should be no question of payment of interest. Another relevant finding of the Commissioner (Appeals) is that interest is normally charged in terms of percentage with reference to the value, whereas in this case it is in terms of kg. which is in the strange. In these circumstances we find tha .....

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