Export obligation removed by notification, customs duty demand invalidated; penalties under s.112 and s.114AA quashed due to inadmissible s.108 statem...
Customs officers must wear and use department-issued body-worn cameras when clearing passenger baggage, with daily secure transfer and 30-day retentio...
Page of 4827
Press 'Enter' after typing page number.
10021 to 10040 of 96536 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
CESTAT allowed the appeal and remanded the matter for recomputation of customs duty and refund. The Tribunal held that the adjudicating authority must calculate duty on the price actually realised as per the final commercial invoice and BRC, applying contractual quality/quantity parameters (including CIQ-determined moisture) only insofar as the contract and payment evidence require; a provisional bond does not compel acceptance of CRCL moisture determinations absent explicit bond terms. The Department is directed to recompute excess duty and sanction refund with interest under Section 18(4) of the Customs Act within two months upon receipt of requisite documents.
CESTAT allowed the appeal and remanded the matter for recomputation of customs duty and refund. The Tribunal held that the adjudicating authority must calculate duty on the price actually realised as per the final commercial invoice and BRC, applying contractual quality/quantity parameters (including CIQ-determined moisture) only insofar as the contract and payment evidence require; a provisional bond does not compel acceptance of CRCL moisture determinations absent explicit bond terms. The Department is directed to recompute excess duty and sanction refund with interest under Section 18(4) of the Customs Act within two months upon receipt of requisite documents.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
