https://www.taxtmi.com/caselaws?id=385947 The Tribunal modified the impugned order by setting aside the valuation, upholding the confiscation of excess marble slabs, and reducing the fine and penalty amounts imposed on M/s Bemisal Project Developers & Hotels Pvt Ltd. The Tribunal found the enhancement of the assessable value not legally sustainable, rejecting the appellant's plea for relief under transitional provisions of the Foreign Trade Policy. Compliance with Customs Valuation Rules and policy restrictions was emphasized in the decision. en-us Tue, 20 Aug 2019 00:00:00 +0530 Tue, 25 Feb 2020 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385947 The Tribunal modified the impugned order by setting aside the valuation, upholding the confiscation of excess marble slabs, and reducing the fine and penalty amounts imposed on M/s Bemisal Project Developers & Hotels Pvt Ltd. The Tribunal found the enhancement of the assessable value not legally sustainable, rejecting the appellant's plea for relief under transitional provisions of the Foreign Trade Policy. Compliance with Customs Valuation Rules and policy restrictions was emphasized in the decision. Case-Laws Customs Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385947