https://www.taxtmi.com/caselaws?id=773082 Gujarat HC held that 1% Extra Duty Deposit (EDD) constitutes a security deposit, not customs duty under the Customs Act, 1962. The court distinguished EDD from provisional or final duty, noting Section 2(15) defines duty as customs duty leviable under the Act. Following precedents from Madras HC and Delhi HC, the court ruled that retaining EDD without refund would constitute unjust enrichment. Revenue was directed to refund the entire deposited amount with statutory interest within twelve weeks. The appeal was dismissed, establishing that EDD refund claims are not barred by limitation provisions under Section 27. en-us Wed, 23 Apr 2025 00:00:00 +0530 Wed, 18 Jun 2025 09:04:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773082 Gujarat HC held that 1% Extra Duty Deposit (EDD) constitutes a security deposit, not customs duty under the Customs Act, 1962. The court distinguished EDD from provisional or final duty, noting Section 2(15) defines duty as customs duty leviable under the Act. Following precedents from Madras HC and Delhi HC, the court ruled that retaining EDD without refund would constitute unjust enrichment. Revenue was directed to refund the entire deposited amount with statutory interest within twelve weeks. The appeal was dismissed, establishing that EDD refund claims are not barred by limitation provisions under Section 27. Case-Laws Customs Wed, 23 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773082