https://www.taxtmi.com/caselaws?id=760133 The CESTAT New Delhi dismissed the appellant's appeal seeking refund of interest paid on IGST. The appellant had initially claimed IGST exemption under Advance Authorization but later paid the tax after re-assessment of 18 Bill of Entries when pre-import conditions were not fulfilled. The tribunal held that following the SC's decision setting aside Gujarat HC's ruling in Maxim Tubes case, the pre-import condition in Notification No.79/2017 was valid. The appellant admitted non-fulfillment of pre-import conditions and was not entitled to IGST exemption. The tribunal distinguished the case from Mahindra Mahindra, noting IGST is not additional duty of customs, making interest liability automatic and non-refundable. en-us Mon, 14 Oct 2024 00:00:00 +0530 Tue, 15 Oct 2024 10:23:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760133 The CESTAT New Delhi dismissed the appellant's appeal seeking refund of interest paid on IGST. The appellant had initially claimed IGST exemption under Advance Authorization but later paid the tax after re-assessment of 18 Bill of Entries when pre-import conditions were not fulfilled. The tribunal held that following the SC's decision setting aside Gujarat HC's ruling in Maxim Tubes case, the pre-import condition in Notification No.79/2017 was valid. The appellant admitted non-fulfillment of pre-import conditions and was not entitled to IGST exemption. The tribunal distinguished the case from Mahindra Mahindra, noting IGST is not additional duty of customs, making interest liability automatic and non-refundable. Case-Laws Customs Mon, 14 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760133