https://www.taxtmi.com/caselaws?id=796469 Extra Duty Deposit collected in related-party imports pending final assessment or valuation verification is a security, not a statutory customs duty levy. It may be appropriated only where final assessment establishes an additional duty liability. If the declared transaction value is accepted and no further duty is payable, the basis for retaining the deposit ends. The limitation applicable to refunds of customs duty does not govern return of the deposit, so its refund after final assessment is not time-barred. en-us Mon, 03 Aug 2026 00:00:00 +0530 Thu, 06 Aug 2026 09:11:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796469 Extra Duty Deposit collected in related-party imports pending final assessment or valuation verification is a security, not a statutory customs duty levy. It may be appropriated only where final assessment establishes an additional duty liability. If the declared transaction value is accepted and no further duty is payable, the basis for retaining the deposit ends. The limitation applicable to refunds of customs duty does not govern return of the deposit, so its refund after final assessment is not time-barred. Case-Laws Customs Mon, 03 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796469