https://www.taxtmi.com/caselaws?id=293391 The Tribunal ruled in favor of the appellant on all issues. It held that the reassessment of the declared value of imported goods did not impact duty payment for a 100% export-oriented unit. The Tribunal also found that the enhancement of value did not warrant confiscation under Section 111(m) of the Customs Act, 1962. The appellant's status as a 100% export-oriented unit shielded them from customs duty implications, leading to the dismissal of the appeal. The reassessment order was deemed incorrect, and the confiscation of goods was set aside, emphasizing the appellant's immunity from duty liability as an export-oriented unit. en-us Fri, 04 May 2018 00:00:00 +0530 Wed, 10 Feb 2021 09:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293391 The Tribunal ruled in favor of the appellant on all issues. It held that the reassessment of the declared value of imported goods did not impact duty payment for a 100% export-oriented unit. The Tribunal also found that the enhancement of value did not warrant confiscation under Section 111(m) of the Customs Act, 1962. The appellant's status as a 100% export-oriented unit shielded them from customs duty implications, leading to the dismissal of the appeal. The reassessment order was deemed incorrect, and the confiscation of goods was set aside, emphasizing the appellant's immunity from duty liability as an export-oriented unit. Case-Laws Customs Fri, 04 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293391