https://www.taxtmi.com/caselaws?id=448191 The Tribunal ruled in favor of the appellant by allowing the appeal on the ground of limitation, concluding that the extended period of limitation was improperly invoked. The demand for countervailing duty based on MRP was upheld, classifying the goods as essential components of the final product. Penalties under the Customs Act were discussed, with the Tribunal noting the absence of suppression or mis-declaration by the appellant. en-us Tue, 09 Jan 2024 00:00:00 +0530 Fri, 09 Aug 2024 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448191 The Tribunal ruled in favor of the appellant by allowing the appeal on the ground of limitation, concluding that the extended period of limitation was improperly invoked. The demand for countervailing duty based on MRP was upheld, classifying the goods as essential components of the final product. Penalties under the Customs Act were discussed, with the Tribunal noting the absence of suppression or mis-declaration by the appellant. Case-Laws Customs Tue, 09 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448191