Levy of anti-dumping duty on undervalued DVB remotes and diodes confirmed by clubbing of consignments. Confiscation of goods and penalties imposed.

Levy of anti-dumping duty on undervalued DVB remotes and diodes confirmed by clubbing of consignments. Confiscation of goods and penalties imposed. https://www.taxtmi.com/highlights?id=77993 CESTAT NEW DELHI upheld the clubbing of consignments imported by Banke Bihari and Zippo Mobiles to avoid anti-dumping duty. Banke Bihari imported calculator parts to assemble them, triggering duty liability u/s 28(4) & 28(8) of Customs Act. Undervaluation of DVB remotes and diodes was confirmed, applying rule 12 of Valuation Rules. Differential duty was imposed due to undervaluation. Goods were confiscated u/s 111(m) and penalties imposed u/s 112 & 114A for misclassification and submitting false invoices. Appeals were dismissed, affirming the Principal Commissioner's decisions. en-us Fri, 31 May 2024 08:37:33 +0530 Fri, 31 May 2024 08:37:33 +0530 TaxTMI RSS Generator Levy of anti-dumping duty on undervalued DVB remotes and diodes confirmed by clubbing of consignments. Confiscation of goods and penalties imposed. https://www.taxtmi.com/highlights?id=77993 CESTAT NEW DELHI upheld the clubbing of consignments imported by Banke Bihari and Zippo Mobiles to avoid anti-dumping duty. Banke Bihari imported calculator parts to assemble them, triggering duty liability u/s 28(4) & 28(8) of Customs Act. Undervaluation of DVB remotes and diodes was confirmed, applying rule 12 of Valuation Rules. Differential duty was imposed due to undervaluation. Goods were confiscated u/s 111(m) and penalties imposed u/s 112 & 114A for misclassification and submitting false invoices. Appeals were dismissed, affirming the Principal Commissioner's decisions. Highlights Customs Fri, 31 May 2024 08:37:33 +0530 https://www.taxtmi.com/highlights?id=77993