2007 (6) TMI 530

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..... 0.03.2006 by which the Commissioner (Appeals) has rejected the assessee's prayer that the interest has to be charged after the finalization of the assessment and not when the duty was paid during the provisional assessment. Both the authorities have held that the interest is to be paid from the provisional assessment. This is under challenge in terms of the ration of the following judgments:- .....

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..... the Central Excise Rule, 2002, the interest is payable only after the expiry of period of one month from date when the amount is determined. The confirmation of demand is not justified. Respectfully following the ratio of the above judgments, the impugned order is set aside and the appeal is allowed with consequential relief if any. Pronounced and dictated in the open court.
Case laws, Decis .....

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