TMI Blog2016 (11) TMI 149X X X X Extracts X X X X X X X X Extracts X X X X ..... OURT], upheld the Tribunal's order that interest liability does not arise when the assessments are finalized and there is no demand of differential duty. The said judgment of the Hon’ble High Court of Bombay was carried in appeal by the Revenue to the Hon’ble Supreme Court and the apex court by an order dated 14.12.2015, after condoning the delay, dismissed the special leave petition filed by the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ppellant herein is manufacturing various items and is using the same for captive consumption at their unit and at their another unit by transferring the same. Such transfers are effected on payment of duty which was provisionally assessed on request of the appellant. The appellant on their own ascertained the differential duty liability and discharged the same before the provisional assessments we ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uthorities have relied upon circular No. 354/81/2000-TRU dated 30.6.2000 for holding that the duty liability arises and needs to be discharged based upon Rule 8 of the Valuation Rules and the interest liability also arises. 5. We find that the issue is no more res integra as the Hon ble High Court of Bombay in the case of CEAT Ltd. vs. CCE, Nashik reported in 2015 (317) ELT 192 (Bom.), upheld t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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