https://www.taxtmi.com/caselaws?id=449361 A defective or unverified certificate of origin can justify denial of preferential customs exemption for apples claimed under SAFTA, because the prescribed origin and transit requirements were not met. Extended limitation, confiscation and penalty cannot be sustained unless fraud, suppression or collusion is affirmatively established; contemporaneous import documents may defeat such allegations. Rejection of declared transaction value and reassessment also require a valid notice and a legally permissible valuation basis, and final assessments cannot be reopened on selective or incomplete material. The declared value was therefore upheld for provisionally assessed imports, while the preferential duty claim failed. en-us Thu, 08 Feb 2024 00:00:00 +0530 Sat, 10 Feb 2024 07:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449361 A defective or unverified certificate of origin can justify denial of preferential customs exemption for apples claimed under SAFTA, because the prescribed origin and transit requirements were not met. Extended limitation, confiscation and penalty cannot be sustained unless fraud, suppression or collusion is affirmatively established; contemporaneous import documents may defeat such allegations. Rejection of declared transaction value and reassessment also require a valid notice and a legally permissible valuation basis, and final assessments cannot be reopened on selective or incomplete material. The declared value was therefore upheld for provisionally assessed imports, while the preferential duty claim failed. Case-Laws Customs Thu, 08 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449361