International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
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...
Countervailing duty on imported silk fabrics for 2012-2013 was held not leviable, applying binding precedent that exempted such imports; the CVD demand consequently failed. Invocation of the extended period under s.28(4) was held impermissible because the export-obligation default was a post-import event and there was no suppression or wilful misstatement at import; since duty and interest were paid before the show cause notice, proceedings stood concluded under s.28(2), nullifying the basis for extended limitation and penal action. Confiscation, redemption fine, and penalties under ss.112, 114A and 114AA were set aside for lack of mens rea and absence of fabricated documents, with remand limited to arithmetical verification of basic customs duty and interest already paid. - CESTAT
Countervailing duty on imported silk fabrics for 2012-2013 was held not leviable, applying binding precedent that exempted such imports; the CVD demand consequently failed. Invocation of the extended period under s.28(4) was held impermissible because the export-obligation default was a post-import event and there was no suppression or wilful misstatement at import; since duty and interest were paid before the show cause notice, proceedings stood concluded under s.28(2), nullifying the basis for extended limitation and penal action. Confiscation, redemption fine, and penalties under ss.112, 114A and 114AA were set aside for lack of mens rea and absence of fabricated documents, with remand limited to arithmetical verification of basic customs duty and interest already paid. - CESTAT
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