https://www.taxtmi.com/caselaws?id=387063 The Tribunal allowed the appeal of the appellant, a bank importing gold, against the confirmation of a demand of short paid duty under Section 28(4) of the Customs Act. The appellant's argument that the enhanced rate of duty under Notification No. 01/2013 was not applicable at the time of import, as it was not known to the public, was accepted. The Tribunal held that the Notification's effectiveness begins only after goods are offered for sale to the public, and as the duty was paid at the rate applicable during clearance (4%), the impugned order was set aside. en-us Tue, 20 Aug 2019 00:00:00 +0530 Wed, 16 Oct 2019 11:36:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387063 The Tribunal allowed the appeal of the appellant, a bank importing gold, against the confirmation of a demand of short paid duty under Section 28(4) of the Customs Act. The appellant's argument that the enhanced rate of duty under Notification No. 01/2013 was not applicable at the time of import, as it was not known to the public, was accepted. The Tribunal held that the Notification's effectiveness begins only after goods are offered for sale to the public, and as the duty was paid at the rate applicable during clearance (4%), the impugned order was set aside. Case-Laws Customs Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387063