In absence of specific provisions Interest & penalty on CVD cannot be demanded

Acer India (Pvt.) Ltd Vs Commissioner of Customs (Audit) (CESTAT Chennai)

The appellant has argued that confiscation of goods, interest demand, penalty and redemption fine imposed cannot be sustained in relation to CVD leviable under Section 3 (1) of Customs Tariff Act, 1975. The Hon’ble Bombay High Court in the case of Mahindra & Mahindra Ltd. v. Union of India (supra) had considered the said issue and held that interest and penalty in relation to CVD cannot be demanded in the absence of specific provisions for levy of interest, penalty in t

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