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...
The dominant issue was the appropriate gross profit rate to be applied for determining value/profit on alleged clandestine sales. The tribunal applied a gross profit rate of 12.5% based on particulars furnished by the appellant and consistent with prior judicial precedents, including binding decisions of the same court, and this application was found to be justified on the record. Consequently, no substantial question of law arose for consideration, and the appeal was dismissed. - HC
The dominant issue was the appropriate gross profit rate to be applied for determining value/profit on alleged clandestine sales. The tribunal applied a gross profit rate of 12.5% based on particulars furnished by the appellant and consistent with prior judicial precedents, including binding decisions of the same court, and this application was found to be justified on the record. Consequently, no substantial question of law arose for consideration, and the appeal was dismissed. - HC
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