https://www.taxtmi.com/caselaws?id=43807 The court found in favor of the petitioner, Shipping Corporation of India, in a challenge against a notice of demand for customs duty on an imported vessel. The court held that the duty payable was determined based on the rate prevailing at the time of the original importation in 1959, as per relevant notifications. The demand notice issued in 1986 claiming a differential amount of customs duty was deemed unjustified. The court set aside the notice, directing the respondents to refund any excess amount paid by the petitioner and emphasizing adherence to the duty prevalent at the time of importation. en-us Wed, 20 Apr 1994 00:00:00 +0530 Mon, 21 Jun 2010 12:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43807 The court found in favor of the petitioner, Shipping Corporation of India, in a challenge against a notice of demand for customs duty on an imported vessel. The court held that the duty payable was determined based on the rate prevailing at the time of the original importation in 1959, as per relevant notifications. The demand notice issued in 1986 claiming a differential amount of customs duty was deemed unjustified. The court set aside the notice, directing the respondents to refund any excess amount paid by the petitioner and emphasizing adherence to the duty prevalent at the time of importation. Case-Laws Customs Wed, 20 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43807