https://www.taxtmi.com/caselaws?id=751394 CESTAT-BLR (AT) allowed the appeal and set aside the order transferring the refund to the Consumer Welfare Fund. The tribunal found the appellant had paid duty and interest after receiving advances from an overseas supplier conditioned that any excess be refunded to that supplier; accordingly the appellant could not retain the excess refund. The tribunal also held there was no impropriety in not showing the refundable amount in books before the Settlement Commission's quantified finding and subsequent annual accounts reflected the receivable. The refund must be repaid to the overseas supplier. en-us Mon, 15 Apr 2024 00:00:00 +0530 Fri, 12 Sep 2025 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751394 CESTAT-BLR (AT) allowed the appeal and set aside the order transferring the refund to the Consumer Welfare Fund. The tribunal found the appellant had paid duty and interest after receiving advances from an overseas supplier conditioned that any excess be refunded to that supplier; accordingly the appellant could not retain the excess refund. The tribunal also held there was no impropriety in not showing the refundable amount in books before the Settlement Commission's quantified finding and subsequent annual accounts reflected the receivable. The refund must be repaid to the overseas supplier. Case-Laws Customs Mon, 15 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751394