https://www.taxtmi.com/caselaws?id=767937 CESTAT Mumbai allowed the appeal challenging re-determination of value for imported goods intended for re-export. The tribunal held that assessment under sections 17-18 of Customs Act, 1962 must precede clearance for home consumption under section 47. Since goods were warehoused for re-export, not home consumption, valuation provisions under section 14 and Customs Valuation Rules, 2007 were inapplicable. The tribunal criticized authorities for trigger-happy adjudication without proper application of assessment procedures and set aside the impugned order. en-us Mon, 24 Mar 2025 00:00:00 +0530 Thu, 27 Mar 2025 08:36:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767937 CESTAT Mumbai allowed the appeal challenging re-determination of value for imported goods intended for re-export. The tribunal held that assessment under sections 17-18 of Customs Act, 1962 must precede clearance for home consumption under section 47. Since goods were warehoused for re-export, not home consumption, valuation provisions under section 14 and Customs Valuation Rules, 2007 were inapplicable. The tribunal criticized authorities for trigger-happy adjudication without proper application of assessment procedures and set aside the impugned order. Case-Laws Customs Mon, 24 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767937