https://www.taxtmi.com/caselaws?id=444601 The Tribunal set aside the impugned order, allowing the appeal of M/s Jindal Saw Limited. It concluded that the Customs Valuation Rules were not properly followed in determining the value of the imported 'old and used parts of plate leveler machines.' The Tribunal emphasized the necessity of adhering to the prescribed rules and procedures under the Customs Act, thereby nullifying the redetermined value, confiscation of goods, and the penalty imposed by the customs authorities. en-us Thu, 14 Sep 2023 00:00:00 +0530 Thu, 19 Oct 2023 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444601 The Tribunal set aside the impugned order, allowing the appeal of M/s Jindal Saw Limited. It concluded that the Customs Valuation Rules were not properly followed in determining the value of the imported 'old and used parts of plate leveler machines.' The Tribunal emphasized the necessity of adhering to the prescribed rules and procedures under the Customs Act, thereby nullifying the redetermined value, confiscation of goods, and the penalty imposed by the customs authorities. Case-Laws Customs Thu, 14 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444601