CVD on vessels not leviable on conversion from foreign to coastal run as imported prior to 17.03.2012

Great Eastern Shipping Company Ltd. Vs Union of India (Madras High Court) Madras High Court held that countervailing duty [CVD] is not leviable on vessels that are imported into India prior to notification no. 12/2012-Cus. dated 17.03.2012 which is later converted from foreign-run to coastal run. Accordingly, writ petition is allowed. Facts- The petitioner has filed the present petition challenging the communication dated 11.07.2012 in respect of two vessels i.e., ‘Jug Rahul’ and ‘Jug Rishi’ for non-payment of countervailing duty (CVD) on conversion from foreign to the coastal run. No...