Interest on Customs Duty Cannot Be Waived Merely Because EPCG Benefit Was Granted Later: CESTAT Mumbai

Gateway Terminals India P. Ltd. Vs Commr. of Cus. (Nhava Sheva-II) (CESTAT Mumbai) The appeal before the Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) arose from an order-in-original dated 09.04.2015 passed by the Commissioner of Customs, Nhava Sheva-II. By the impugned order, the Commissioner had cancelled the appellant’s Export Oriented Unit (EOU) registration and Customs Bonded Warehousing Licence ab initio, confirmed customs duty demands aggregating to more than ₹78.86 crore along with applicable interest under Sections 28AB/28AA of the Customs Act...