Imported Natural Rubber Liable for Additional Duty Due to Binding Precedents: CESTAT Chennai

MRF Limited Vs Commissioner of Customs (CESTAT Chennai) The case concerns the levy of Additional Duty of Customs under Section 3(1) of the Customs Tariff Act, 1975 on imported natural rubber and the challenge to such levy before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai. The appellant had imported natural rubber classified under CTH 40012200 and filed Bills of Entry for its clearance. The Revenue issued a show cause notice demanding cess amounting to ₹46,94,700 along with interest under Section 28AB of the Customs Act, 1962. The demand was confirmed by the Orig...