2015 (1) TMI 257

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....Shri K.S. Mishra, Addl. Commissioner (AR), for the Respondent. ORDER Heard the ld. Counsel for the appellants and the ld. AR for the Revenue. 2. The facts of the case are that the appellant imported certain old and used machinery under the project import regulations for setting up of a plant for manufacture of pipes and tubes. On registration of the contract, the appellant had deposi....

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....eposit paid by the importer is not included in the costing structure of the finished product for recovery of the same from the buyers. Accordingly, the refund was denied and amount credited in Consumer Welfare Fund. Being aggrieved by the order, the appellant filed an appeal before the Commissioner (Appeals). The Commissioner (Appeals) observed that while not discrediting the authenticity of the C....

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....omprises of Rs. 27,01,305/- lying with Customs authority. This amount of Rs. 27,01,305/- was deposited with the Collector of Customs in June vide File No. S/30-29/91, dated 10-6-2004 and the corresponding challan shows the description as security deposit for an amount of Rs. 26,02,092/-. The appellant vehemently argued that if the amount would have been charged to Revenue account and would have be....