CESTAT Bangalore allows refund of Additional duty paid on Timber Import 

New Timber Industries Vs Commissioner of Customs (CESTAT Bangalore) Introduction: The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) in Bangalore has issued a noteworthy decision involving New Timber Industries and the Commissioner of Customs. The case revolves around the refund of customs duty and Special Additional Duty (SAD) on unsold timber logs. In this article, we delve into the intricate details of the case and its implications on the timber import industry. Background and Appellant’s Plea: New Timber Industries, the appellant, imported teakwood and subsequently paid...