https://www.taxtmi.com/caselaws?id=352769 The Tribunal allowed the appeal, setting aside the order upholding the rejection of the refund claim for Extra Duty Deposit (EDD). The Tribunal determined that EDD paid during Special Valuation Branch (SVB) investigation is akin to a security deposit and not subject to the doctrine of unjust enrichment. Relying on legal precedents, including the SKF Technologies case, the Tribunal granted the appellant's claim for the automatic refund of the entire EDD amount upon finalization of the Bill of Entry, emphasizing the nature of EDD as a deposit rather than a duty. en-us Wed, 08 Nov 2017 00:00:00 +0530 Thu, 21 Dec 2017 08:17:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352769 The Tribunal allowed the appeal, setting aside the order upholding the rejection of the refund claim for Extra Duty Deposit (EDD). The Tribunal determined that EDD paid during Special Valuation Branch (SVB) investigation is akin to a security deposit and not subject to the doctrine of unjust enrichment. Relying on legal precedents, including the SKF Technologies case, the Tribunal granted the appellant's claim for the automatic refund of the entire EDD amount upon finalization of the Bill of Entry, emphasizing the nature of EDD as a deposit rather than a duty. Case-Laws Customs Wed, 08 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352769