https://www.taxtmi.com/caselaws?id=89044 The Tribunal ruled that the refund claim, based on an error in the invoiced air freight value, did not qualify as a clerical error under Section 154 of the Customs Act, 1962. Instead, it was deemed a case for reassessment under Section 27 for the correct assessable value. The decision highlighted the need to distinguish between the provisions of Sections 27 and 154 in processing refund claims, emphasizing the nature of errors eligible for correction and the criteria for refund claims based on revised assessable values. en-us Tue, 12 May 1998 00:00:00 +0530 Fri, 23 Sep 2011 10:43:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89044 The Tribunal ruled that the refund claim, based on an error in the invoiced air freight value, did not qualify as a clerical error under Section 154 of the Customs Act, 1962. Instead, it was deemed a case for reassessment under Section 27 for the correct assessable value. The decision highlighted the need to distinguish between the provisions of Sections 27 and 154 in processing refund claims, emphasizing the nature of errors eligible for correction and the criteria for refund claims based on revised assessable values. Case-Laws Customs Tue, 12 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89044