CENEX UPDATE – 14.06.2020

CX - It is trite law that interest is payable on refund of duty pre-deposited before appeal to Tribunal - such interest be payable after three months till realisation of amount: CESTAT

ST – CENVAT - Lower authorities had not adverted to the submissions which were placed before them – matter remanded: CESTAT

Cus - Exemption as per Notfn No 43/2002-Cus cannot be denied solely because the assessee was initially unable to furnish EODC, but later made good on such lapse & where export obligation is fulfilled: CESTAT