9911796707
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Issues:
1. Claim of concessional assessment under project import. 2. Premature demand for duty. 3. Lack of findings by adjudicating and appellate authorities. Analysis: 1. The appellant imported steel plates and goods for fabricating tanks for a plant. The benefit of concessional assessment was claimed under Heading 98.01 for a project related to a 30% increase in plant capacity. However, it was later discovered that the tanks were leased to another entity for storing liquified petroleum gas, not the intended goods. The department proposed to seize the goods, and after hearings, ordered payment of differential duty. Both parties appealed, arguing that the demand was premature and no findings were given by authorities. 2. The appellants contended that the demand for duty was premature as the goods were provisionally assessed. They argued that any short-levy could only be determined after final assessment under Section 18 of the Act, and notice under Section 28 could only be issued thereafter. Citing a judgment in Godrej & Boyce, it was emphasized that a notice for recovery of duty would be premature before finalization of provisional assessment. 3. Referring to the judgment in Godrej & Boyce, it was highlighted that the notice issued demanding duty under Section 28 was premature as it did not wait for finalization of the provisional assessment. The correct procedure would have been to finalize the assessment first and then issue a notice under Section 28 if any short-levy was identified. As the notice was premature, the appeals were allowed, and the impugned order was set aside. This detailed analysis of the judgment addresses the issues of concessional assessment under project import, premature demand for duty, and the lack of findings by the adjudicating and appellate authorities, providing a comprehensive understanding of the legal reasoning and decision-making process involved.
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