TMI Blog2010 (8) TMI 214X X X X Extracts X X X X X X X X Extracts X X X X ..... that the Bill of Entry was produced by the assessees and re-assessed – Within five days of reassessment the balance duty was paid - no delay in payment of the re-assessed duty and therefore no liability arises for payment of interest - order setting aside the liability to interest and reject the appeal - C/216/2004 - 936/2010 - Dated:- 30-8-2010 - Ms. Jyoti Balasundaram, Vice-President REP ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt. The Department also did not initiate any action to call upon the assessees to produce the original Bill of Entry for getting reassessed. It is only in May 2003 that the Bill of Entry was produced by the assessees and re-assessed. Within five days of reassessment the balance duty was paid. In these circumstances, applying the provisions of Section 47(2) of the Customs Act, 1962, there has been ..... X X X X Extracts X X X X X X X X Extracts X X X X
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