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2014 (1) TMI 167 - CESTAT AHMEDABADRejection of refund claim - Import of crude petroleum oil - Amount shown as receivable but have adjusted the same with the amount payable by them to the government - Held that:- Unjust enrichment - Held that:- ledger which shows the amount receivable and payable to the department and the certificate issued by the Chartered Accountant which explains the whole process in detail and therefore certified that there is no enrichment. ledger in respect of government dues and receivables only netting has been done and this is in accordance with accounting practice. Appellants are using crude petroleum oil and once the amount is shown as receivable in accordance with the cost accounting principles, such amount cannot be added to the cost of production - Following decision of Solar Pesticides Ltd. [2000 (2) TMI 237 - SUPREME COURT OF INDIA] - Decided in favour of assessee.
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