CESTAT Orders Refund for Post-GST EPCG Duty Payment

Sri Chakra Poly Plast India Pvt Ltd Vs Commissioner of Central Tax Medchal – GST (CESTAT Hyderabad) Hyderabad: The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad bench, has directed the tax authorities to grant a cash refund of Countervailing Duty (CVD) and Special Additional Duty of Customs (SAD) paid by M/s Sri Chakra Poly Plast India Pvt Ltd. The payment was made in November 2020, after the introduction of GST, due to the company’s failure to fulfil export obligations under an Export Promotion Capital Goods (EPCG) license. The Tribunal ruled that despite the ...