https://www.taxtmi.com/caselaws?id=756562 The CESTAT Ahmedabad allowed an appeal challenging denial of FTA benefits on cocoa powder imports from Malaysia. Customs authorities denied benefits under the notification citing intelligence that required 35% value addition was not fulfilled. The tribunal held that to displace a certificate of origin issued by Malaysian authorities, Indian Customs must conduct verification through proper channels with issuing authorities for retroactive checks. Since no such verification report was produced and the requirement under Annexure-III of the FTA was not complied with, the denial was unsustainable. The decision followed precedent from SHIRAZEE TRADERS case with identical facts. en-us Tue, 23 Jul 2024 00:00:00 +0530 Tue, 06 Aug 2024 07:49:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756562 The CESTAT Ahmedabad allowed an appeal challenging denial of FTA benefits on cocoa powder imports from Malaysia. Customs authorities denied benefits under the notification citing intelligence that required 35% value addition was not fulfilled. The tribunal held that to displace a certificate of origin issued by Malaysian authorities, Indian Customs must conduct verification through proper channels with issuing authorities for retroactive checks. Since no such verification report was produced and the requirement under Annexure-III of the FTA was not complied with, the denial was unsustainable. The decision followed precedent from SHIRAZEE TRADERS case with identical facts. Case-Laws Customs Tue, 23 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756562