https://www.taxtmi.com/caselaws?id=209575 The Tribunal allowed the appeal by M/s. ABB Limited, setting aside the demand for differential duty, interest, and penalty. The order of confiscation and fine of Rs. 40 Crores was vacated due to the absence of statutory provisions to determine Retail Sale Price (RSP) for the imported goods in question. The appeal was pronounced on 21-12-2010. en-us Tue, 21 Dec 2010 00:00:00 +0530 Sat, 13 Jul 2013 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209575 The Tribunal allowed the appeal by M/s. ABB Limited, setting aside the demand for differential duty, interest, and penalty. The order of confiscation and fine of Rs. 40 Crores was vacated due to the absence of statutory provisions to determine Retail Sale Price (RSP) for the imported goods in question. The appeal was pronounced on 21-12-2010. Case-Laws Customs Tue, 21 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209575