https://www.taxtmi.com/caselaws?id=122907 The Tribunal allowed the appeal by M/s. STI India Ltd., an EOU importing High Speed Diesel Oil (HSD) under Notification No. 53/97-Cus. The demand of Rs. 54,72,063 under Section 28 of the Customs Act, 1962, with interest and penalty imposed by the Commissioner of Customs, Indore, was set aside. The Tribunal held that as the goods were assessed on into bond Bills of Entry and not cleared from the warehouse, there was no duty collection, making the demand non-sustainable. The absence of a revised notification covering additional customs duty meant the EOU was not liable for the duty, leading to the appeal's success. en-us Wed, 17 Oct 2007 00:00:00 +0530 Mon, 25 Sep 2017 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122907 The Tribunal allowed the appeal by M/s. STI India Ltd., an EOU importing High Speed Diesel Oil (HSD) under Notification No. 53/97-Cus. The demand of Rs. 54,72,063 under Section 28 of the Customs Act, 1962, with interest and penalty imposed by the Commissioner of Customs, Indore, was set aside. The Tribunal held that as the goods were assessed on into bond Bills of Entry and not cleared from the warehouse, there was no duty collection, making the demand non-sustainable. The absence of a revised notification covering additional customs duty meant the EOU was not liable for the duty, leading to the appeal's success. Case-Laws Central Excise Wed, 17 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122907