https://www.taxtmi.com/caselaws?id=780343 Imported batteries intended for further processing and captive use in the importer's own factory could not be subjected to additional customs duty on a retail sale price basis under section 3(2) of the Customs Tariff Act read with section 4A of the Central Excise Act merely because the packages bore retail markings. The valuation scheme was applied by distinguishing goods cleared for retail sale from goods imported for self-use or subsequent processing. Customs also lacked a proper basis to revise the declared value through reassessment under section 28 of the Customs Act in the absence of an enabling machinery provision. The demand, confiscation, and penalties were therefore set aside. en-us Fri, 08 Aug 2025 00:00:00 +0530 Wed, 29 Oct 2025 08:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780343 Imported batteries intended for further processing and captive use in the importer's own factory could not be subjected to additional customs duty on a retail sale price basis under section 3(2) of the Customs Tariff Act read with section 4A of the Central Excise Act merely because the packages bore retail markings. The valuation scheme was applied by distinguishing goods cleared for retail sale from goods imported for self-use or subsequent processing. Customs also lacked a proper basis to revise the declared value through reassessment under section 28 of the Customs Act in the absence of an enabling machinery provision. The demand, confiscation, and penalties were therefore set aside. Case-Laws Customs Fri, 08 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780343