https://www.taxtmi.com/caselaws?id=170745 The Tribunal remanded the case involving denial of benefits of Notifications No. 52/2003-Cus. and No. 22/2003-C.E. to the appellant for importing duty-free machineries. It directed a fresh order to determine the correct depreciated value at the time of clearance, emphasizing fair hearings for all appellants. The matter of duty demand and penalty imposition was remanded for a new order to ascertain the accurate depreciated value and payment of duty. Additionally, the case was sent back for reconsideration of the confiscation of machines and interest demand, with the Adjudicating Authority instructed to verify the clearance date for precise valuation. en-us Thu, 16 Oct 2014 00:00:00 +0530 Thu, 04 Jun 2015 14:43:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170745 The Tribunal remanded the case involving denial of benefits of Notifications No. 52/2003-Cus. and No. 22/2003-C.E. to the appellant for importing duty-free machineries. It directed a fresh order to determine the correct depreciated value at the time of clearance, emphasizing fair hearings for all appellants. The matter of duty demand and penalty imposition was remanded for a new order to ascertain the accurate depreciated value and payment of duty. Additionally, the case was sent back for reconsideration of the confiscation of machines and interest demand, with the Adjudicating Authority instructed to verify the clearance date for precise valuation. Case-Laws Central Excise Thu, 16 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170745