https://www.taxtmi.com/caselaws?id=437645 The appeal by M/s. Paras Jewels challenging the rejection of their appeal regarding the exemption of silver findings from countervailing duty and customs duty was dismissed. The Tribunal held that parts of silver jewellery, including silver findings, were not automatically eligible for exemption under specific notifications. Emphasizing strict construction of exemption notifications, the Tribunal ruled in favor of the revenue, noting that the benefit could not be applied retroactively. Citing precedent, the Tribunal upheld the impugned order, aligning with the decision in a similar case involving Kinjal Precious Pvt. Ltd. en-us Mon, 10 Apr 2023 00:00:00 +0530 Fri, 12 May 2023 08:26:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437645 The appeal by M/s. Paras Jewels challenging the rejection of their appeal regarding the exemption of silver findings from countervailing duty and customs duty was dismissed. The Tribunal held that parts of silver jewellery, including silver findings, were not automatically eligible for exemption under specific notifications. Emphasizing strict construction of exemption notifications, the Tribunal ruled in favor of the revenue, noting that the benefit could not be applied retroactively. Citing precedent, the Tribunal upheld the impugned order, aligning with the decision in a similar case involving Kinjal Precious Pvt. Ltd. Case-Laws Customs Mon, 10 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437645