https://www.taxtmi.com/caselaws?id=73153 The Tribunal interpreted Sections 14 and 15 of the Customs Act, 1962, focusing on duty rate determination and tariff valuation. The case involved a refund claim by the appellants due to mistaken assessments, disputed refund amounts, time-barred demand assessment, and voluntary payments. The Tribunal emphasized the importance of the rate of exchange on the bill of entry presentation date. It directed the Assistant Collector to reconsider the refund amount adjustment, providing relief to the appellants. en-us Mon, 08 Jun 1987 00:00:00 +0530 Sat, 28 May 2011 14:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73153 The Tribunal interpreted Sections 14 and 15 of the Customs Act, 1962, focusing on duty rate determination and tariff valuation. The case involved a refund claim by the appellants due to mistaken assessments, disputed refund amounts, time-barred demand assessment, and voluntary payments. The Tribunal emphasized the importance of the rate of exchange on the bill of entry presentation date. It directed the Assistant Collector to reconsider the refund amount adjustment, providing relief to the appellants. Case-Laws Customs Mon, 08 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73153