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2011 (4) TMI 422 - CESTAT, AHMEDABADDemand of interest u/s 18(3) - Differential duty - provisional assessment - Held that:- there was no provisions u/s 80 of the Customs Act, 1962, at the material time for demand of interest in respect of provisional assessment - It is very significant that the provisions to levy interest under Section 18(3) on the differential amount paid by the importer was made only on 13.07.2006 - Thus, the provisional assessment of bills of entry was made on a date prior to the amendment which makes it clear that no interest can be charged on the differential duty - Decided in favour of assessee.
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