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Customs Liable to Pay Interest as EDD Refund Was Delayed After Final Assessment: CESTAT Mumbai
Case Law Details
- Case Name
- Vardhman Acrylics Limited Vs Commissioner of Customs (Imports) (CESTAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Mumbai
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Vardhman Acrylics Limited Vs Commissioner of Customs (Imports) (CESTAT Mumbai)
The appeals were filed by the appellant against the Commissioner (Appeals)’ order dated 28.06.2019, which upheld the denial of interest on the delayed refund of Extra Duty Deposit (EDD) collected during provisional assessment of imports made from a related foreign supplier. The imports, made between October 1997 and April 1998, were provisionally assessed because the valuation of related-party transactions was under examination by the Special Valuation Branch (SVB). The appellant executed provisional duty bond...





