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of <h1>Supreme Court Sets Deadline for Case Hearing, Considers Precedent</h1> <h3>M/s. Prashray Overseas Pvt. Ltd. Versus Commissioner of Customs (Exports) Chennai</h3> The Supreme Court condoned the delay in the case and issued notice for it to be heard and disposed of finally within four weeks. The petitioner's argument ... Levy of CVD on import of silk fabrics - the matter is squarely covered by the judgment of this Court passed in Civil Appeal NO. 9440 of 2003 titled as “M/s. SRF Ltd. vs. Commissioner of Customs, Chennai”. The High Court in the impugned judgment has been mainly influenced by the fact that review petition was filed by the Revenue in the said judgment in which notice was issued - the decision in the case of The Commissioner of Customs (Exports) Versus M/s. Prashray Overseas Private Limited, Customs Excise & Service Tax Appellate Tribunal [2016 (5) TMI 1106 - MADRAS HIGH COURT], contested - Held that: - matter on remand - petition disposed off. The Supreme Court condoned the delay in the case. The petitioner argued that the matter is similar to a previous judgment. The High Court's decision was influenced by a review petition, which was later dismissed by the Supreme Court. Notice issued for the case to be heard and disposed of finally in four weeks.
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