Provisional Assessment - Interest


Court :
Tribunal - Bombay

Brief :
Finalisation of Provisional assessment - LB decision in Cadbury [ 2008-TIOL-1986-CESTAT-MUM-LB ] helps Revenue get back refunds of 'interest' granted by the Assistant Commissioner relying on MSEB Pole Factory [ 2005-TIOL-1643-CESTAT-MUM ] decision - Tribunal directs respondent to pay back the refund amounts within ten days of receipt of order. Interest is required to be paid even when the differential amount is paid before the finalization of the assessment and that the none of the decisions viz.

Citation :
CCE, Aurangabad Vs M/s Garware Polyesters Ltd (Dated: December 8, 2008)

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