Custom duty on processed goods leftover after completing export obligations

Larsen And Toubro Limited Vs C.C.-Kandla (CESTAT Ahmedabad)  Introduction: The Customs Excise and Service Tax Appellate Tribunal (CESTAT) Ahmedabad recently delivered a crucial verdict in the case of Larsen And Toubro Limited (L&T) vs. Customs Commissioner – Kandla. The appeal contested demands for Customs duty, interest, and penalties imposed on L&T. This article provides a comprehensive analysis of the case, focusing on the taxability of processed goods leftover after fulfilling export obligations. Background: L&T, a prominent player in providing Integrated Engineering &am...