Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
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CESTAT held that the subsequent purchaser cannot be considered the actual importer liable for customs duty. Mr. Arshad Vayal Peedika, who filed the Bill of Entry under transfer of residence, is the actual importer. The differential duty demand against the subsequent purchaser was set aside. Confiscation of the vehicle and penalties under Sections 114A and 114AA were quashed, as the appellant did not participate in import clearance or make false declarations. The tribunal emphasized that liability for customs duty rests with the original importer who clears goods, not subsequent bona fide purchasers. Appeal disposed of in favor of the appellant.
CESTAT held that the subsequent purchaser cannot be considered the actual importer liable for customs duty. Mr. Arshad Vayal Peedika, who filed the Bill of Entry under transfer of residence, is the actual importer. The differential duty demand against the subsequent purchaser was set aside. Confiscation of the vehicle and penalties under Sections 114A and 114AA were quashed, as the appellant did not participate in import clearance or make false declarations. The tribunal emphasized that liability for customs duty rests with the original importer who clears goods, not subsequent bona fide purchasers. Appeal disposed of in favor of the appellant.
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