Interest on Extra Duty Deposit not payable as importer failed to submit complete document

Vedanta Limited Vs Commissioner of Customs (Import) (CESTAT Chennai) CESTAT Chennai held that interest on Extra Duty Deposit not payable by revenue since lapses were on the part of importer in not submitting complete document enabling revenue to finalize assessment. Accordingly, appeal disposed of. Facts- The appellants have filed 67 refund claims during the period from August 2013 to November 2013 for an amount of Rs.7,61,48,316/- being the excess duty paid as per the orders of finalization of provisional assessments. After finalization of the provisional assessment, the adjudicating authorit...