https://www.taxtmi.com/caselaws?id=335429 The Appellate Tribunal CESTAT Mumbai ruled in appeals regarding the valuation of imported cranes by M/s. Banarasi Paper & Synthetics Pvt. Ltd. The Tribunal found that denial of cross-examination violated principles of natural justice, rendering the order null. The adjudicating authority erred in not applying the CBEC Circular, leading to a remand for reconsideration within six months. The penalties imposed under the Customs Act were deemed unjustified, emphasizing the importance of following natural justice principles. The case was remanded for further proceedings to ensure a fair evaluation of the issue. en-us Thu, 20 Oct 2016 00:00:00 +0530 Fri, 02 Dec 2016 14:48:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335429 The Appellate Tribunal CESTAT Mumbai ruled in appeals regarding the valuation of imported cranes by M/s. Banarasi Paper & Synthetics Pvt. Ltd. The Tribunal found that denial of cross-examination violated principles of natural justice, rendering the order null. The adjudicating authority erred in not applying the CBEC Circular, leading to a remand for reconsideration within six months. The penalties imposed under the Customs Act were deemed unjustified, emphasizing the importance of following natural justice principles. The case was remanded for further proceedings to ensure a fair evaluation of the issue. Case-Laws Customs Thu, 20 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335429