https://www.taxtmi.com/caselaws?id=387737 The appeals before the Appellate Tribunal CESTAT CHENNAI arose from the rejection of the declared value in Bills-of-Entry for the import of poppy seeds from Turkey. The Tribunal determined a revalued amount at USD 2500 per Metric Tonne (MT), confirming differential duty, interest, confiscation of goods, and penalties. The appellant argued against undervaluation, citing acceptance of the declared value during import clearance and reliance on previous Tribunal decisions. The Department supported rejection based on discrepancies in export declarations from Turkish Customs. Ultimately, the Tribunal allowed the appeals, setting aside the impugned orders due to insufficient evidence to sustain the demand. en-us Mon, 28 Oct 2019 00:00:00 +0530 Wed, 04 Nov 2020 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387737 The appeals before the Appellate Tribunal CESTAT CHENNAI arose from the rejection of the declared value in Bills-of-Entry for the import of poppy seeds from Turkey. The Tribunal determined a revalued amount at USD 2500 per Metric Tonne (MT), confirming differential duty, interest, confiscation of goods, and penalties. The appellant argued against undervaluation, citing acceptance of the declared value during import clearance and reliance on previous Tribunal decisions. The Department supported rejection based on discrepancies in export declarations from Turkish Customs. Ultimately, the Tribunal allowed the appeals, setting aside the impugned orders due to insufficient evidence to sustain the demand. Case-Laws Customs Mon, 28 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387737