2015 (5) TMI 115

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..... assessment the ultimate demand become enforceable. - if there is a default in payment of enforceable demand, interest flows thereon. - Decided in favour of assessee. - E/S/40310/2013 and E/40373/2013 - Final Order No. 40199 / 2015 - Dated:- 6-3-2015 - Hon ble Shri D.N. Panda, Judicial Member,J. For the Appellant : Shri S. Raghu Adv. For the Respondent : Shri M. Rammohan Rao DC (AR) .....

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..... ed departmental representative at this stage submits that if there is a default upon finalisation that should be compensated by interest. He is correct partially to the extent that if there is a default in payment of enforceable demand, interest flows thereon. Accordingly, appeal is allowed. Consequential benefit if any shall flow in accordance with law. (Dictated and pronounced in open court) .....

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