2010 (10) TMI 178

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..... SENTED BY : Shri F.T. Mirza, Advocate, for the Appellant. Shri V.R. Thakur, Advocate, for the Respondent. [Judgment per : J.P. Devadhar, J. (Oral)]. - Heard learned Counsel for the parties. 2.This appeal has been admitted on the following question of law : "Whether the CESTAT was right in holding that in terms of the provisions of Rule 7(4), respondent No. 1 could not be hel .....

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..... s determined by the final assessment till the date of payment. Since differential duty was paid even before the final assessment was made, the Tribunal has held that the respondent assessee is not liable to pay interest. In our opinion, no fault can be found with the order of the Tribunal. Accordingly, question raised by the revenue is answered in favour of the assessee and against the revenue. Th .....

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