Customs Appeal Dismissed as Iron Ore Export Issue Attained Finality After SC Decision

Commissioner of Customs Vs Vibhuthigadda Mines Pvt Ltd. (CESTAT Hyderabad) In this case before the Customs Excise and Service Tax Appellate Tribunal Hyderabad, the Revenue challenged an order granting refund of excess export duty paid by the respondent on export of iron ore fines. Initially, the respondent declared the FOB value and paid export duty, but the Department enhanced the value based on contemporaneous exports, leading to payment of additional duty under protest. The respondent later filed a refund claim relying on a CBEC Circular clarifying that FOB value should be treated as cum-du...