https://www.taxtmi.com/caselaws?id=758696 CESTAT Ahmedabad allowed the appeal challenging recovery of IGST, customs duty, interest, redemption fine and penalty on imports under Advance Authorization scheme from 2017-2019. The tribunal held that Customs Tariff Act 1975 sections 3(7) and 3(12) lack specific provisions for charging interest, fine and penalty on IGST recovery, unlike similar provisions under sections 8B(9) and 9A(8). Without statutory authority, such levies are unsustainable. The tribunal found no suppression of facts or mala fide intention to evade duty. Since show cause notices were issued beyond the normal two-year period without justification for extended limitation, the entire demand was time-barred and set aside. en-us Tue, 23 Jul 2024 00:00:00 +0530 Tue, 17 Sep 2024 20:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758696 CESTAT Ahmedabad allowed the appeal challenging recovery of IGST, customs duty, interest, redemption fine and penalty on imports under Advance Authorization scheme from 2017-2019. The tribunal held that Customs Tariff Act 1975 sections 3(7) and 3(12) lack specific provisions for charging interest, fine and penalty on IGST recovery, unlike similar provisions under sections 8B(9) and 9A(8). Without statutory authority, such levies are unsustainable. The tribunal found no suppression of facts or mala fide intention to evade duty. Since show cause notices were issued beyond the normal two-year period without justification for extended limitation, the entire demand was time-barred and set aside. Case-Laws Customs Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758696