CENEX UPDATE - 05.05.2020

CX - 'Butyl rubber inner tube' is a separately identifiable and a distinct marketable product - cannot be covered under entry 'Parts, components and assemblies of automobiles' so as to be held assessable u/s 4A of CEA, 1944: CESTAT ST - It is trite law that refund claims filed beyond limitation period provided in statute, are barred by law: CESTAT Cus - Penalty imposed u/s 112 of Customs Act is unsustainable where it is not established that the appellant was aware that relevant documents were mis-declared in respect of the actual consignment bound for export: CESTAT