Export obligation removed by notification, customs duty demand invalidated; penalties under s.112 and s.114AA quashed due to inadmissible s.108 statem...
Customs officers must wear and use department-issued body-worn cameras when clearing passenger baggage, with daily secure transfer and 30-day retentio...
The Appellate Tribunal (CESTAT) dismissed the Revenue's appeal, affirming that the Optical Interface Modules are classifiable under CTH 85177090 as accepted by departmental authorities, and that the Revenue is precluded from contesting that accepted position. The Tribunal directed the jurisdictional authorities to refund the customs duty paid by the Respondent, with interest at 12% per annum, payable from three months after the date of initial payment until the date of refund, excluding the initial three-month processing period from interest computation. The Tribunal ordered prompt disbursement in view of the prolonged financial hardship and increased fiscal burden caused by delay.
The Appellate Tribunal (CESTAT) dismissed the Revenue's appeal, affirming that the Optical Interface Modules are classifiable under CTH 85177090 as accepted by departmental authorities, and that the Revenue is precluded from contesting that accepted position. The Tribunal directed the jurisdictional authorities to refund the customs duty paid by the Respondent, with interest at 12% per annum, payable from three months after the date of initial payment until the date of refund, excluding the initial three-month processing period from interest computation. The Tribunal ordered prompt disbursement in view of the prolonged financial hardship and increased fiscal burden caused by delay.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4826 
Join Channel 
