https://www.taxtmi.com/caselaws?id=391840 The Tribunal remanded the matter to the assessing officer for reconsideration, directing the officer to pass a speaking order under Section 17(5) of The Customs Act, 1962, within six months. This decision followed concerns over the lack of a proper speaking order for the enhancement of the declared value by the assessing officer. The Tribunal also clarified that the Commissioner (Appeals) should not have directed an audit under Section 17(6) of the Act, emphasizing that audits are an internal revenue function. en-us Thu, 03 Oct 2019 00:00:00 +0530 Sat, 07 Nov 2020 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391840 The Tribunal remanded the matter to the assessing officer for reconsideration, directing the officer to pass a speaking order under Section 17(5) of The Customs Act, 1962, within six months. This decision followed concerns over the lack of a proper speaking order for the enhancement of the declared value by the assessing officer. The Tribunal also clarified that the Commissioner (Appeals) should not have directed an audit under Section 17(6) of the Act, emphasizing that audits are an internal revenue function. Case-Laws Customs Thu, 03 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391840