https://www.taxtmi.com/caselaws?id=762716 CESTAT New Delhi allowed appeals involving customs duty evasion allegations against importers of LED panels and TV components. The tribunal held that imported goods were TV parts/components, not complete TV sets in SKD condition, making Rule 2(a) of General Interpretation Rules inapplicable. Appellants were entitled to exemption benefits under Notification 50/2017 for TV parts manufacturing. The tribunal found no evidence of undervaluation or misdeclaration regarding brand names, noting computer printouts lacked required certification under Section 138C of Customs Act. Extended limitation period was wrongly invoked as department had knowledge of all relevant facts. The order confirming differential duty demand and imposing penalties was set aside. en-us Mon, 18 Nov 2024 00:00:00 +0530 Thu, 05 Dec 2024 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762716 CESTAT New Delhi allowed appeals involving customs duty evasion allegations against importers of LED panels and TV components. The tribunal held that imported goods were TV parts/components, not complete TV sets in SKD condition, making Rule 2(a) of General Interpretation Rules inapplicable. Appellants were entitled to exemption benefits under Notification 50/2017 for TV parts manufacturing. The tribunal found no evidence of undervaluation or misdeclaration regarding brand names, noting computer printouts lacked required certification under Section 138C of Customs Act. Extended limitation period was wrongly invoked as department had knowledge of all relevant facts. The order confirming differential duty demand and imposing penalties was set aside. Case-Laws Customs Mon, 18 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762716