https://www.taxtmi.com/caselaws?id=115356 The judgment allowed three applications challenging orders under the Customs Act, 1962, regarding the confiscation of goods, assessment of imported palm acid oil at US $260 per metric tonne, and imposition of penalties. The applicants argued that the Department did not provide relevant documents supporting the higher price used for assessment and that they were not supplied with essential documents. The judgment emphasized the obligation to accept the price actually paid for goods unless specific exceptions were met. Consequently, the applicants established a prima facie case, leading to the stay of the impugned orders and waiver of pre-deposit pending further proceedings. en-us Tue, 03 May 2005 00:00:00 +0530 Sat, 26 May 2012 13:37:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115356 The judgment allowed three applications challenging orders under the Customs Act, 1962, regarding the confiscation of goods, assessment of imported palm acid oil at US $260 per metric tonne, and imposition of penalties. The applicants argued that the Department did not provide relevant documents supporting the higher price used for assessment and that they were not supplied with essential documents. The judgment emphasized the obligation to accept the price actually paid for goods unless specific exceptions were met. Consequently, the applicants established a prima facie case, leading to the stay of the impugned orders and waiver of pre-deposit pending further proceedings. Case-Laws Central Excise Tue, 03 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115356