https://www.taxtmi.com/caselaws?id=761080 CESTAT Allahabad allowed the appeal regarding CVD refund entitlement. The appellant, a stainless steel coil manufacturer under Advance Authorization Scheme, was denied refund after Government imposed CVD @ 18.95% vide Notification 1/2017-Customs dated 07.09.2017, later exempted through Notification 79/2017-Cus dated 13.10.2017. The adjudicating authority rejected refund claiming the exemption notification was not retrospectively applicable and HC judgments were not binding as appellant was not party to those cases. CESTAT held that various HC decisions granted similar benefits and Notification 79/2017 has retrospective applicability, allowing refund with prescribed interest. en-us Tue, 29 Oct 2024 00:00:00 +0530 Tue, 05 Nov 2024 07:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761080 CESTAT Allahabad allowed the appeal regarding CVD refund entitlement. The appellant, a stainless steel coil manufacturer under Advance Authorization Scheme, was denied refund after Government imposed CVD @ 18.95% vide Notification 1/2017-Customs dated 07.09.2017, later exempted through Notification 79/2017-Cus dated 13.10.2017. The adjudicating authority rejected refund claiming the exemption notification was not retrospectively applicable and HC judgments were not binding as appellant was not party to those cases. CESTAT held that various HC decisions granted similar benefits and Notification 79/2017 has retrospective applicability, allowing refund with prescribed interest. Case-Laws Customs Tue, 29 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761080