Finalised Bills of Entry Cannot Be Reopened to Claim Refund Based on Subsequent SC Ruling

Minerva Enterprises Vs Commissioner of Customs (Import) (CESTAT Mumbai) In Minerva Enterprises v. Commissioner of Customs (Import) (CESTAT Mumbai), the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai, considered an appeal challenging the refusal of reassessment of 56 Bills of Entry through which imported mobile handsets were cleared between June 2015 and September 2015. The appellant had paid the applicable Countervailing Duty (CVD) at the higher rate of 12% instead of the concessional 1% rate under Notification No. 12/2012-CE (Sr. No. 263A). The appellant sought reassessme...