https://www.taxtmi.com/caselaws?id=244555 The appellate authority allowed the refund of the extra duty deposit, considering it as a security amount rather than duty, based on a circular and Supreme Court decision. The deposit, collected during provisional assessment at a fixed rate of 5%, was deemed more of a security measure. The authority's interpretation of Section 27 supported the refund, dismissing the department's argument that the deposit should be treated as duty. The nature of the deposit as security, evidenced by the collection process and required documentation, justified the refund, in line with the Board's circular on refund applications under Section 27. en-us Tue, 07 Feb 2012 00:00:00 +0530 Sat, 01 Mar 2014 10:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244555 The appellate authority allowed the refund of the extra duty deposit, considering it as a security amount rather than duty, based on a circular and Supreme Court decision. The deposit, collected during provisional assessment at a fixed rate of 5%, was deemed more of a security measure. The authority's interpretation of Section 27 supported the refund, dismissing the department's argument that the deposit should be treated as duty. The nature of the deposit as security, evidenced by the collection process and required documentation, justified the refund, in line with the Board's circular on refund applications under Section 27. Case-Laws Customs Tue, 07 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244555