https://www.taxtmi.com/caselaws?id=336118 The CESTAT held that refund was not barred by unjust enrichment where the assessee consistently reflected the duty amount as a receivable from the Revenue in its balance sheet and books of account. That accounting treatment showed the incidence of duty had not been passed on to buyers, and the amount was not part of the cost of the final product. The refund therefore could not be credited to the Consumer Welfare Fund, the appellate order was unsustainable, and consequential relief followed. en-us Mon, 07 Nov 2016 00:00:00 +0530 Thu, 17 Aug 2017 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336118 The CESTAT held that refund was not barred by unjust enrichment where the assessee consistently reflected the duty amount as a receivable from the Revenue in its balance sheet and books of account. That accounting treatment showed the incidence of duty had not been passed on to buyers, and the amount was not part of the cost of the final product. The refund therefore could not be credited to the Consumer Welfare Fund, the appellate order was unsustainable, and consequential relief followed. Case-Laws Customs Mon, 07 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336118