https://www.taxtmi.com/caselaws?id=750690 The CESTAT Ahmedabad allowed appeals challenging classification, valuation enhancement, and penalties on imported Rubber Processing Oil. The tribunal held that RPO should be classified under Chapter Heading 27101990 rather than 27079900, following precedent in AMIT PETROLUBES case. Value enhancement based solely on directors' consent letters without following Section 14 procedures was deemed unsustainable, citing GURU RAJENDRA METALLOYS precedent. Mis-declaration of country of origin was ruled immaterial as no preferential duty rates were claimed and appellant gained no benefit. Penalties and redemption fines were set aside as disproportionate, with personal penalties on individual co-appellants also quashed since main order was unsustainable. en-us Thu, 21 Mar 2024 00:00:00 +0530 Fri, 06 Sep 2024 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750690 The CESTAT Ahmedabad allowed appeals challenging classification, valuation enhancement, and penalties on imported Rubber Processing Oil. The tribunal held that RPO should be classified under Chapter Heading 27101990 rather than 27079900, following precedent in AMIT PETROLUBES case. Value enhancement based solely on directors' consent letters without following Section 14 procedures was deemed unsustainable, citing GURU RAJENDRA METALLOYS precedent. Mis-declaration of country of origin was ruled immaterial as no preferential duty rates were claimed and appellant gained no benefit. Penalties and redemption fines were set aside as disproportionate, with personal penalties on individual co-appellants also quashed since main order was unsustainable. Case-Laws Customs Thu, 21 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750690