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Issues involved:
The issues involved in the judgment are the valuation of goods for customs duty, determination of quantity basis for duty calculation, refund entitlement, delay in appeal filing, and direction for expeditious disposal of stay application. Valuation of goods for customs duty: The petitioner entered into an agreement for export of Iron Ore Fines with a foreign buyer. The Assessing Officer enhanced the valuation of goods without providing any reason, leading to excess duty payment by the petitioner. The Appellate Commissioner allowed the appeal, accepting the valuation declared by the petitioner and determining that the quantity was to be assessed on Dry Metric Ton basis, not Wet Metric Ton basis. Refund entitlement: The petitioner claimed entitlement to a refund of &8377; 22,18,734/- as per the Appellate Order. Despite applying for a refund, the respondents filed an appeal along with a stay application and an application for condonation of delay. The Court noted that no stay had been granted yet and directed the respondents to refund the duty collected from the petitioner within two months from the date of communication of the order. Delay in appeal filing and direction for expeditious disposal: The delay in filing the appeal had not been condoned, rendering the appeal non-existent in the eye of the law. However, since the appeal and stay application were pending for over eight months, the Court directed the Tribunal to hear and dispose of the condonation of delay application and the stay application expeditiously, preferably within two months from the date of communication of the order. The writ application was disposed of accordingly, with an urgent certified copy of the order to be supplied to the parties upon compliance with formalities.
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