https://www.taxtmi.com/caselaws?id=255058 The Tribunal allowed the appeal, overturning the denial of a refund of a security deposit for imported machinery under project import regulations. The appellant successfully demonstrated that the security deposit was not passed on to buyers and should not be subject to unjust enrichment. Despite the Revenue's reliance on precedents, the Tribunal found in favor of the appellant based on financial evidence showing the amount as recoverable and not included in the costing structure of the finished product. The Tribunal directed the refund to be granted within two months with interest as per Rules. en-us Thu, 02 Jan 2014 00:00:00 +0530 Wed, 07 Jan 2015 06:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255058 The Tribunal allowed the appeal, overturning the denial of a refund of a security deposit for imported machinery under project import regulations. The appellant successfully demonstrated that the security deposit was not passed on to buyers and should not be subject to unjust enrichment. Despite the Revenue's reliance on precedents, the Tribunal found in favor of the appellant based on financial evidence showing the amount as recoverable and not included in the costing structure of the finished product. The Tribunal directed the refund to be granted within two months with interest as per Rules. Case-Laws Customs Thu, 02 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255058