Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Section 27 Customs Act Inapplicable to EDD | Extra Duty Deposit is Security, Not Customs Duty: CESTAT Allahabad
CESTAT Allahabad rules that Extra Duty Deposit (EDD) is a security deposit, not customs duty, entitling assessees to refunds without Section 27 limitation constraints. The tribunal mandates refunds with interest, impacting importers who paid EDD under provisional assessments.