https://www.taxtmi.com/caselaws?id=767405 CESTAT Bangalore allowed the appeal by remand in a customs valuation case involving oath tokens. The appellant imported identical goods declaring values at 6.5 USD despite earlier accepting enhanced value of 50 USD for similar consignments. While the tribunal upheld the Revenue's right to enhance value based on earlier accepted valuations, noting the appellant had voluntarily paid differential duty and admitted receiving goods free of charge, it found the assessments were provisional. Since assessments remained provisional, penalty imposition without finalizing assessments was deemed improper, leading to remand for proper determination. en-us Wed, 12 Mar 2025 00:00:00 +0530 Tue, 18 Mar 2025 08:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767405 CESTAT Bangalore allowed the appeal by remand in a customs valuation case involving oath tokens. The appellant imported identical goods declaring values at 6.5 USD despite earlier accepting enhanced value of 50 USD for similar consignments. While the tribunal upheld the Revenue's right to enhance value based on earlier accepted valuations, noting the appellant had voluntarily paid differential duty and admitted receiving goods free of charge, it found the assessments were provisional. Since assessments remained provisional, penalty imposition without finalizing assessments was deemed improper, leading to remand for proper determination. Case-Laws Customs Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767405