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    Penalties under s.112(b) Customs Act 1962 set aside absent proof of mens rea in LCC paper imports
    Appeal succeeds; penalties under Customs Act Sections 114(i) and 114(iii) quashed for alleged drawback shipping fraud
    SAD demand quashed; unconditional exemption under N/N. 29/2010-Cus upheld; no extended limitation under proviso to s.28
    CESTAT rules extended limitation not invocable, sets aside s.111(m) confiscation, redemption fine and penalties on importer
    Exemption Restored for Mobile Display Assembly with Battery under Customs Notification 57/2017, Serial No. 6(a)(iv)
    Penalties under Sections 112(a)(i), 114AA dropped as Customs Broker cleared for lack of collusion, KYC compliance
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    Central tax authority launches SWIFT 2.0, fully digital single-window platform for EXIM NOC processing with mandatory e-filing 2025
    Extended limitation and anti-dumping duty demand quashed as conditions under Sections 28 and 114A not satisfied
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    Export duty on mixed iron ore must follow Fe content, moisture and contract-based valuation; higher lump duty unjustified
    DRI officers held proper under s.28, but bona fide buyers escape customs duty, confiscation and penalties under s.125
    Importer's appeal succeeds as differential duty demand void without final provisional assessment under Sections 18 and 28
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    Customs Act Ss.112(a),114A,114AA penalties set aside, value enhancement order rejected, appeals allowed for noticee-appellants in connected imports
    EPCG win for M/s X as EODC, tourism forex earnings and no vehicle transfer nullify customs demand, penalties
    Export iron ore value must follow Section 14 transaction value; moisture-based recomputation set aside, refund to be recomputed
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CESTAT partly allowed the Revenue's appeal. It upheld the...

Tribunal Upholds Transaction Value, Restores Classification and Section 114(iii) Penalty, Drops Confiscation and Section 114AA Charge

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Customs November 28, 2025 Case Laws AT
CESTAT partly allowed the Revenue's appeal. It upheld the Commissioner (Appeals)' setting aside of the Joint Commissioner's rejection and redetermination of the declared FOB value, holding that the proper officer had neither validly rejected the transaction value under rule 8 nor followed the mandatory sequential valuation under rules 4 to 6. However, it restored the Joint Commissioner's reclassification of the export goods under the correct serial numbers of the Drawback and ROSCTL Schedules, as CRCL's test confirmed the garments were of blended fabric and not 100% cotton. Confiscation per se and redemption fine were found unsustainable in the facts, particularly in view of the provisional release bond terms. Penalty under section 114AA was held not leviable for want of proof of conscious mis-declaration. Penalty of Rs. 2,00,000 under section 114(iii), being linked to mis-declaration of fabric rendering the goods liable to confiscation, was restored.

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Acts Income Tax