2015 (12) TMI 55 - AT - Customs

Classification of goods - Bituminous coal or Steam coal - Held that - Since the entire amount of duty and interest has been paid and in the case of Coastal Energy Pvt. Ltd and others Vs CC Visakhapatnam vide 2014 (8) TMI 246 - CESTAT BANGALORE we have already a take a view that only duty and interest within the normal period would be payable and demand for extended period, penalty and confiscation etc. are not sustainable, we consider that the matter can be remanded at this stage itself treating the amount deposited by the appellant as sufficient. Accordingly the matter is remanded to the original authority - Decided in favour of assessee.

Summary

The appeal involved the classification of imported coal as bituminous coal or steam coal. The appellant deposited the differential customs duty with interest and seeks to claim benefits under a Notification for reduced duty rates on imports from Indonesia. The Tribunal remanded the matter to the original authority for a fresh decision, considering the amount deposited as sufficient.