CESTAT Allows Reassessment for Excess CVD Refund Due to Wrong Classification of Gold Jewellery

Nathella Sampath Jewellery Pvt. Ltd. Vs Commissioner of Customs (CESTAT Chennai) In this case, the appellant imported gold jewellery through Bill of Entry dated 10.05.2013 and classified the goods under CTH 71131930, paying Basic Customs Duty and Special Additional Duty at the merit rate. Later, the appellant realized that the imported goods were eligible for concessional duty benefit under Notification No. 12/2012-CE dated 17.03.2012, but the exemption had not been claimed at the time of self-assessment. The appellant therefore requested reassessment of the Bill of Entry. However, the Assista...