https://www.taxtmi.com/caselaws?id=770768 CESTAT Kolkata allowed appeals by two partners of an importing firm who imported 200 metric tonnes of Fortified Refined Palm Olien. The tribunal held that COO certificates with supporting invoices satisfied SAFTA Rules of Origin requirements for duty concession under Notification No. 99/2011-CUS. Despite appellants' admitted lapse in removing goods without Out of Charge order, no penalties were imposed considering they were first-time importers, no revenue loss occurred, and customs department failed to communicate reasons for holding duty-paid goods for two months. Confiscation order was set aside with consequential relief granted. en-us Thu, 08 May 2025 00:00:00 +0530 Fri, 16 May 2025 08:40:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770768 CESTAT Kolkata allowed appeals by two partners of an importing firm who imported 200 metric tonnes of Fortified Refined Palm Olien. The tribunal held that COO certificates with supporting invoices satisfied SAFTA Rules of Origin requirements for duty concession under Notification No. 99/2011-CUS. Despite appellants' admitted lapse in removing goods without Out of Charge order, no penalties were imposed considering they were first-time importers, no revenue loss occurred, and customs department failed to communicate reasons for holding duty-paid goods for two months. Confiscation order was set aside with consequential relief granted. Case-Laws Customs Thu, 08 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770768