2007 (8) TMI 223

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....led against Order-in-Appeal Nos. 25 & 26/2006 (V-II) Cus. dated 31-10-2006 passed by the Commissioner of Customs and Central Excise (Appeals), Visakhapatnam 2. The appellant imported crude palm oil. He initially challenged the Government Notification levying duty on the tariff value by filing a Writ Petition in the Andhra Pradesh High Court. Consequent to the court's order, he executed the bank....

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....mmissioner before the Commissioner (A). However, the Commissioner (A) partially upheld the decision of the Asst. Commissioner. According to the Commissioner (A), the appellant is liable to pay the differential duty demanded as required by the Assistant Commissioner and as regards the refund he was directed to file separately the refund claim. He also decided that the appellant is not liable to pay....

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....xcess duty paid should be adjusted against the demand. It is also further seen that the refund due to the appellant has not been passed on to the consumers. There is a certificate from the Chartered Accountant showing that these amounts have been kept as "Account Receivable" and have not been added to the "Profit and Loss Account". It is also further seen that the appellants had executed bank guar....