https://www.taxtmi.com/caselaws?id=767971 CESTAT Kolkata held that confiscation of imported goods with redemption fine and penalty could not be sustained when the finalization of provisional assessment remained unchallenged by Revenue. Since the assessment of Bills of Entry achieved finality without Revenue challenge, the valuation matter was conclusively determined. The impugned Order-in-Appeal, passed while the matter was pending before the Tribunal, was deemed unsustainable. The appeal was allowed in favor of the appellant. en-us Wed, 26 Mar 2025 00:00:00 +0530 Wed, 26 Mar 2025 12:45:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767971 CESTAT Kolkata held that confiscation of imported goods with redemption fine and penalty could not be sustained when the finalization of provisional assessment remained unchallenged by Revenue. Since the assessment of Bills of Entry achieved finality without Revenue challenge, the valuation matter was conclusively determined. The impugned Order-in-Appeal, passed while the matter was pending before the Tribunal, was deemed unsustainable. The appeal was allowed in favor of the appellant. Case-Laws Customs Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767971