https://www.taxtmi.com/caselaws?id=202772 The Chief Commissioner of Customs adjudicated a case involving the correct valuation of capital goods imported under the zero duty EPCG scheme. The Chief Commissioner accepted the importers' valuation of goods, leading to the dropping of proceedings with a warning on export obligations. The Appellate Tribunal determined that the importers were eligible for the Customs Notification benefit as the total value exceeded the threshold limit. The Tribunal upheld the decision to grant the benefit and rejected the Revenue's appeal. The Tribunal also dismissed the cross-objection related to the Revenue's appeal. en-us Thu, 09 Dec 2010 00:00:00 +0530 Mon, 18 May 2015 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202772 The Chief Commissioner of Customs adjudicated a case involving the correct valuation of capital goods imported under the zero duty EPCG scheme. The Chief Commissioner accepted the importers' valuation of goods, leading to the dropping of proceedings with a warning on export obligations. The Appellate Tribunal determined that the importers were eligible for the Customs Notification benefit as the total value exceeded the threshold limit. The Tribunal upheld the decision to grant the benefit and rejected the Revenue's appeal. The Tribunal also dismissed the cross-objection related to the Revenue's appeal. Case-Laws Customs Thu, 09 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202772