https://www.taxtmi.com/caselaws?id=240120 The Tribunal upheld the Commissioner's decision regarding the entitlement to a refund based on the conversion factor for timber imported and sold in India, emphasizing the need for uniformity in refund calculations as per the specified public notice. It rejected retrospective application of the modified formula, affirming that it should only apply to imports made after the specified date. The Tribunal dismissed the stay applications, underscoring the importance of adhering to the guidelines set forth in the public notice for consistency across Customs formations and ensuring fairness in refund claims. en-us Tue, 30 Jul 2013 00:00:00 +0530 Mon, 21 Apr 2014 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240120 The Tribunal upheld the Commissioner's decision regarding the entitlement to a refund based on the conversion factor for timber imported and sold in India, emphasizing the need for uniformity in refund calculations as per the specified public notice. It rejected retrospective application of the modified formula, affirming that it should only apply to imports made after the specified date. The Tribunal dismissed the stay applications, underscoring the importance of adhering to the guidelines set forth in the public notice for consistency across Customs formations and ensuring fairness in refund claims. Case-Laws Customs Tue, 30 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240120