https://www.taxtmi.com/caselaws?id=278186 Refund of excess export duty was held admissible where shipping bills were assessed on FOB basis despite the established practice, clarified by Board circular, of treating FOB value as the cum-duty price for computing export duty and cesses. The Tribunal accepted that the excess duty arose from a mistaken assessment and could be refunded under the refund and correction provisions. It also held that the assessee was not required to separately challenge the assessment before seeking refund when the assessment itself was erroneous. Relief was therefore granted on the basis of the incorrect levy and the resulting excess collection. en-us Tue, 24 Oct 2017 00:00:00 +0530 Thu, 17 Jan 2019 06:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278186 Refund of excess export duty was held admissible where shipping bills were assessed on FOB basis despite the established practice, clarified by Board circular, of treating FOB value as the cum-duty price for computing export duty and cesses. The Tribunal accepted that the excess duty arose from a mistaken assessment and could be refunded under the refund and correction provisions. It also held that the assessee was not required to separately challenge the assessment before seeking refund when the assessment itself was erroneous. Relief was therefore granted on the basis of the incorrect levy and the resulting excess collection. Case-Laws Customs Tue, 24 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278186