https://www.taxtmi.com/highlights?id=87505 CESTAT adjudicated a customs goods auction dispute involving sale proceeds apportionment under Section 150(2) of Customs Act, 1962. The tribunal confirmed the Commissioner (Appeals)'s authority to remand proceedings for verifying freight and warehouse rent charges. The key holdings established that: (1) sale proceeds must prioritize auction costs, (2) freight charges of Rs.74,65,099/- were validly allowable, and (3) the Commissioner possessed legitimate power to remand matters for documentary verification. Consequently, the Revenue's appeal was dismissed, upholding the lower authority's procedural approach and substantive findings regarding goods sale proceeds distribution. en-us Thu, 17 Apr 2025 08:37:09 +0530 Thu, 17 Apr 2025 08:37:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=87505 CESTAT adjudicated a customs goods auction dispute involving sale proceeds apportionment under Section 150(2) of Customs Act, 1962. The tribunal confirmed the Commissioner (Appeals)'s authority to remand proceedings for verifying freight and warehouse rent charges. The key holdings established that: (1) sale proceeds must prioritize auction costs, (2) freight charges of Rs.74,65,099/- were validly allowable, and (3) the Commissioner possessed legitimate power to remand matters for documentary verification. Consequently, the Revenue's appeal was dismissed, upholding the lower authority's procedural approach and substantive findings regarding goods sale proceeds distribution. Highlights Customs Thu, 17 Apr 2025 08:37:09 +0530 https://www.taxtmi.com/highlights?id=87505