https://www.taxtmi.com/caselaws?id=332517 The High Court dismissed the Writ Petitions challenging the Customs and Central Excise Settlement Commission's order. The Court upheld the levy of Additional Duty of Excise at 8%, ruling that the petitioners' prior concession estopped them from challenging the order. The Court found the Settlement Commission's decision lawful, affirming the duty calculation including Basic Customs Duty, CVD at 16%, ADE at 8%, and Cess at 0.05%. The judgment emphasized that the ADE at 8% was correctly imposed under the Customs Tariff Act, and the petitioners' arguments lacked merit for overturning the Settlement Commission's ruling. en-us Mon, 12 Sep 2016 00:00:00 +0530 Fri, 06 Jan 2017 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332517 The High Court dismissed the Writ Petitions challenging the Customs and Central Excise Settlement Commission's order. The Court upheld the levy of Additional Duty of Excise at 8%, ruling that the petitioners' prior concession estopped them from challenging the order. The Court found the Settlement Commission's decision lawful, affirming the duty calculation including Basic Customs Duty, CVD at 16%, ADE at 8%, and Cess at 0.05%. The judgment emphasized that the ADE at 8% was correctly imposed under the Customs Tariff Act, and the petitioners' arguments lacked merit for overturning the Settlement Commission's ruling. Case-Laws Customs Mon, 12 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332517