https://www.taxtmi.com/caselaws?id=366060 The Tribunal allowed the appeal, setting aside the impugned order rejecting the refund claim. It held that the customs duty assessment was incorrect as the FOB value should have been considered as cum-duty price, in line with the Board Circular and legal precedents. The Tribunal emphasized the assessing officer's duty to accurately calculate duty liability and corrected the error under Section 154 of the Customs Act. Consequently, the appeal was allowed with consequential reliefs granted. en-us Thu, 12 Jul 2018 00:00:00 +0530 Wed, 29 Aug 2018 06:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366060 The Tribunal allowed the appeal, setting aside the impugned order rejecting the refund claim. It held that the customs duty assessment was incorrect as the FOB value should have been considered as cum-duty price, in line with the Board Circular and legal precedents. The Tribunal emphasized the assessing officer's duty to accurately calculate duty liability and corrected the error under Section 154 of the Customs Act. Consequently, the appeal was allowed with consequential reliefs granted. Case-Laws Customs Thu, 12 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366060