https://www.taxtmi.com/caselaws?id=262862 The Court modified the direction for the appellant to pay &8377; 55 lakhs by CESTAT as a condition for hearing the appeal, reducing it to &8377; 10 lakhs. The Court found that the extended period of limitation invoked by Customs authorities regarding the valuation of the imported car may not be valid. The valuation of &8377; 64 lakhs by the Commissioner of Customs was deemed unjustified, leading to the modification of the pre-deposit requirement for the appeal. The Court's decision aimed to ensure justice and allow the appeal to proceed with the revised pre-deposit amount. en-us Fri, 30 Jan 2015 00:00:00 +0530 Fri, 21 Aug 2015 07:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262862 The Court modified the direction for the appellant to pay &8377; 55 lakhs by CESTAT as a condition for hearing the appeal, reducing it to &8377; 10 lakhs. The Court found that the extended period of limitation invoked by Customs authorities regarding the valuation of the imported car may not be valid. The valuation of &8377; 64 lakhs by the Commissioner of Customs was deemed unjustified, leading to the modification of the pre-deposit requirement for the appeal. The Court's decision aimed to ensure justice and allow the appeal to proceed with the revised pre-deposit amount. Case-Laws Customs Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262862