https://www.taxtmi.com/caselaws?id=389110 An importer under an EPCG licence sought redetermination of assessable value and reassessment of the bill of entry after more than five years, without having challenged the original assessment in time. Because the import had been cleared on final assessment, the request amounted to an indirect reopening of the assessment through recovery proceedings for breach of EPCG conditions. The EPCG Committee and the appellate mechanism within the scheme had already declined revision of value, and the directions relied on did not compel acceptance of the belated revaluation request. The collateral challenge was therefore not maintainable, and the duty demand arising from the EPCG conditions was sustained. en-us Thu, 28 Nov 2019 00:00:00 +0530 Sat, 30 Nov 2019 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389110 An importer under an EPCG licence sought redetermination of assessable value and reassessment of the bill of entry after more than five years, without having challenged the original assessment in time. Because the import had been cleared on final assessment, the request amounted to an indirect reopening of the assessment through recovery proceedings for breach of EPCG conditions. The EPCG Committee and the appellate mechanism within the scheme had already declined revision of value, and the directions relied on did not compel acceptance of the belated revaluation request. The collateral challenge was therefore not maintainable, and the duty demand arising from the EPCG conditions was sustained. Case-Laws Customs Thu, 28 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389110