https://www.taxtmi.com/caselaws?id=435695 The case involved the confirmation of customs duty on a 'work accommodation barge' imported by M/s Jayesh Shipping Pvt Ltd. The appellant contested the duty based on discrepancies in valuation estimates and challenged the penalty imposed under section 112 of the Customs Act, 1962. The barge was initially imported for temporary deployment, underwent a transfer of registry, and was later offered for sale. The appellant argued that the re-assessment process did not adhere to valuation provisions and that penalties were unjustified. The case was remanded back to the adjudicating authority for a fresh determination of all issues raised by the appellants. en-us Tue, 21 Mar 2023 00:00:00 +0530 Sat, 25 Mar 2023 08:46:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435695 The case involved the confirmation of customs duty on a 'work accommodation barge' imported by M/s Jayesh Shipping Pvt Ltd. The appellant contested the duty based on discrepancies in valuation estimates and challenged the penalty imposed under section 112 of the Customs Act, 1962. The barge was initially imported for temporary deployment, underwent a transfer of registry, and was later offered for sale. The appellant argued that the re-assessment process did not adhere to valuation provisions and that penalties were unjustified. The case was remanded back to the adjudicating authority for a fresh determination of all issues raised by the appellants. Case-Laws Customs Tue, 21 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435695