Case Law Details
Salzer Electronics Ltd. (Unit III) Vs Commissioner of GST and Central Excise (CESTAT Chennai)
CESTAT Chennai upholds the demand of concession availed vide customs notification on failure of appellant to maintain proper accountal of the receipt of imported goods till their utilization in the manufacture of the specified finished products.
Facts- This appeal is preferred by M/s. Salzer Electronics Ltd., against Order-in-Appeal of the Commissioner of Customs and Central Excise (Appeals), Trichy rejecting the appellant’s appeal.
The Additional Commissioner of Customs, Coimbatore has ordered for recovery of Rs.36,94,921/- being an amount equal to the difference between the duty leviable on the goods imported and the concessional rate of duty availed in terms of Notification No. 25/99-Cus dated 28.02.1999 in terms of Rule 8 of Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 1996 (Customs Rules, 1996) read with Section 28 (5) of Customs Act, 1962 along with interest.
Notably, the appellant imported parts of Relays, Switches and Connectors availing the benefit of concessional rate of duty as per Notification No. 25/99-Cus dated 28.02.1999.
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