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Central Excise - Highlights / Catch Notes

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Interest on differential duty demanded before finalization of ...


Interest on Differential Duty Not Demanded Before Order Finalization; Law Doesn't Require Predictive Tax Payment.

March 5, 2016

Case Laws     Central Excise     AT

Interest on differential duty demanded before finalization of order - It is difficult on the plain language of the section to hold that the law envisages the assessee to predicate the final assessment and expect him to pay the tax on that basis to avoid the liability to pay interest. That would be asking him to do the near impossible - AT

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