https://www.taxtmi.com/caselaws?id=371620 The Tribunal upheld the decision of the Ld. Commissioner (Appeals) setting aside the order of enhanced value of goods due to the absence of a speaking order under Section 17(5) of the Customs Act, 1962. The Tribunal emphasized the necessity of passing a speaking order within 15 days in cases of reassessment where valuation is enhanced, regardless of whether the assessee requests it. Previous case laws cited by the Revenue were deemed irrelevant as they did not address this specific requirement. The Tribunal dismissed the Revenue's appeals, affirming the importance of complying with the statutory timeframe for passing speaking orders post-assessment. en-us Thu, 25 Oct 2018 00:00:00 +0530 Fri, 06 Mar 2020 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371620 The Tribunal upheld the decision of the Ld. Commissioner (Appeals) setting aside the order of enhanced value of goods due to the absence of a speaking order under Section 17(5) of the Customs Act, 1962. The Tribunal emphasized the necessity of passing a speaking order within 15 days in cases of reassessment where valuation is enhanced, regardless of whether the assessee requests it. Previous case laws cited by the Revenue were deemed irrelevant as they did not address this specific requirement. The Tribunal dismissed the Revenue's appeals, affirming the importance of complying with the statutory timeframe for passing speaking orders post-assessment. Case-Laws Customs Thu, 25 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371620