Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Misclassification between copra and dry coconut: customs recovery and re-valuation quashed for lack of prior licensing-authority invalidation, appeals...
Provisional release of imported used highly specialized digital multifunction print/copying machines, though treated as restricted goods, was ordered because the importer had already executed a provisional duty bond and furnished a bank guarantee covering the assessable value of the entire consignment, leaving no justification to withhold release of the remaining 63 units. The Tribunal relied on the absence of any demonstrated shortfall in security and directed release subject to the same conditions earlier upheld in analogous litigation requiring bond and bank guarantee pending adjudication, thereby ensuring revenue protection while permitting release. - CESTAT
Provisional release of imported used highly specialized digital multifunction print/copying machines, though treated as restricted goods, was ordered because the importer had already executed a provisional duty bond and furnished a bank guarantee covering the assessable value of the entire consignment, leaving no justification to withhold release of the remaining 63 units. The Tribunal relied on the absence of any demonstrated shortfall in security and directed release subject to the same conditions earlier upheld in analogous litigation requiring bond and bank guarantee pending adjudication, thereby ensuring revenue protection while permitting release. - CESTAT
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