https://www.taxtmi.com/caselaws?id=755206 The Bombay HC allowed a petition challenging re-assessment of Ex-Bond Bills of Entry. The petitioner sought clearance of 3465.024 MTs of goods under Section 68 of the Customs Act, 1962, claiming benefit of enhanced tariff value. The court held that since four Ex-Bond Bills were self-assessed on 13th May 2021 between 20:15-20:59 hours, before the relevant notification was e-gazetted at 21:24:11 hours, the applicable duty rate was USD 1163 PMT. The reassessment orders were quashed and set aside, with the petition being allowed. en-us Fri, 28 Jun 2024 00:00:00 +0530 Mon, 08 Jul 2024 20:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755206 The Bombay HC allowed a petition challenging re-assessment of Ex-Bond Bills of Entry. The petitioner sought clearance of 3465.024 MTs of goods under Section 68 of the Customs Act, 1962, claiming benefit of enhanced tariff value. The court held that since four Ex-Bond Bills were self-assessed on 13th May 2021 between 20:15-20:59 hours, before the relevant notification was e-gazetted at 21:24:11 hours, the applicable duty rate was USD 1163 PMT. The reassessment orders were quashed and set aside, with the petition being allowed. Case-Laws Customs Fri, 28 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755206