https://www.taxtmi.com/caselaws?id=465095 CESTAT Kolkata allowed the appeal, holding that export duty was erroneously finalized at Rs. 300 PMT despite test reports consistently showing Fe content below 62%, attracting duty of only Rs. 50 PMT. The Tribunal held that the assessment orders, passed in 2007-2008 without any plausible basis contrary to the available test reports, were unsustainable. It affirmed that the refund accrued to the appellant from the dates of such erroneous final assessments and that prolonged inaction by the Revenue could not defeat this entitlement. Consequently, CESTAT directed grant of refund along with interest at 12% per annum from the respective dates of assessment until the date of actual refund. en-us Tue, 04 Feb 2025 00:00:00 +0530 Tue, 02 Dec 2025 17:43:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465095 CESTAT Kolkata allowed the appeal, holding that export duty was erroneously finalized at Rs. 300 PMT despite test reports consistently showing Fe content below 62%, attracting duty of only Rs. 50 PMT. The Tribunal held that the assessment orders, passed in 2007-2008 without any plausible basis contrary to the available test reports, were unsustainable. It affirmed that the refund accrued to the appellant from the dates of such erroneous final assessments and that prolonged inaction by the Revenue could not defeat this entitlement. Consequently, CESTAT directed grant of refund along with interest at 12% per annum from the respective dates of assessment until the date of actual refund. Case-Laws Customs Tue, 04 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465095