https://www.taxtmi.com/caselaws?id=752233 CESTAT Kolkata dismissed appeals filed by passengers intercepted at airport for smuggling grey metal powder (Iridium and Ruthenium), micro SD cards, stone beads, and branded watches without paying customs duties. The tribunal upheld redemption fines and penalties imposed on appellants, finding smuggling activities established. However, CESTAT modified Ruthenium valuation to Rs.3,00,000 per kg, directing adjudicating authority to recalculate duty accordingly. The courier company employee involved in transportation was also held liable for penalties. en-us Fri, 03 May 2024 00:00:00 +0530 Mon, 06 May 2024 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752233 CESTAT Kolkata dismissed appeals filed by passengers intercepted at airport for smuggling grey metal powder (Iridium and Ruthenium), micro SD cards, stone beads, and branded watches without paying customs duties. The tribunal upheld redemption fines and penalties imposed on appellants, finding smuggling activities established. However, CESTAT modified Ruthenium valuation to Rs.3,00,000 per kg, directing adjudicating authority to recalculate duty accordingly. The courier company employee involved in transportation was also held liable for penalties. Case-Laws Customs Fri, 03 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752233