https://www.taxtmi.com/caselaws?id=121877 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the appellant regarding the denial of refund of excess customs duty paid on capital goods. The Tribunal found that the excess duty amount had not been passed on through product prices, as evidenced by the verification process and the appellant's arguments. Consequently, the amount was credited to the Consumer Welfare Fund in accordance with the Customs Act, 1962. The appellant's contention that the excess duty amount was not included in the fixed cost of the product price was upheld, leading to the allowance of the appeals and granting consequential relief to the appellant. en-us Thu, 24 May 2007 00:00:00 +0530 Mon, 06 Aug 2012 18:32:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121877 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the appellant regarding the denial of refund of excess customs duty paid on capital goods. The Tribunal found that the excess duty amount had not been passed on through product prices, as evidenced by the verification process and the appellant's arguments. Consequently, the amount was credited to the Consumer Welfare Fund in accordance with the Customs Act, 1962. The appellant's contention that the excess duty amount was not included in the fixed cost of the product price was upheld, leading to the allowance of the appeals and granting consequential relief to the appellant. Case-Laws Customs Thu, 24 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121877