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2015 (12) TMI 1587 - SC ORDERProvisional Assessment - Demand of interest on payment of differential duty before formal finalization of assessment - Held that:- We do not find any merit in this petition. HC order confirmed [2015 (2) TMI 794 - BOMBAY HIGH COURT] saying the liability to pay interest arises on any amount payable to Central Government and consequent to order for final assessment under Rule 7 subrule (3). We are in agreement with the Assessee in the present case that the later part of sub-rule (4) is not attracted. The liability to pay interest on any amount payable to Central Government consequent to order for final assessment is not a situation to be found in the present case.
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