https://www.taxtmi.com/caselaws?id=465155 Customs authorities must follow the prescribed statutory method for valuing non-originating material under SAFTA rules and cannot replace it with an ad hoc recalculation to deny exemption; a valid Certificate of Origin remains effective unless cancelled or revoked by the competent issuing authority, and the record showed the non-originating content stayed within the permissible threshold. Demand proceedings were also held unsustainable for non-compliance with the mandatory adjudication timeline under the Customs Act. Penalties under Section 114AA and Section 112(a)(ii) could not be sustained because intentional falsity was not established and the underlying demand and confiscation basis had failed. en-us Fri, 24 Jan 2025 00:00:00 +0530 Fri, 05 Dec 2025 17:55:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465155 Customs authorities must follow the prescribed statutory method for valuing non-originating material under SAFTA rules and cannot replace it with an ad hoc recalculation to deny exemption; a valid Certificate of Origin remains effective unless cancelled or revoked by the competent issuing authority, and the record showed the non-originating content stayed within the permissible threshold. Demand proceedings were also held unsustainable for non-compliance with the mandatory adjudication timeline under the Customs Act. Penalties under Section 114AA and Section 112(a)(ii) could not be sustained because intentional falsity was not established and the underlying demand and confiscation basis had failed. Case-Laws Customs Fri, 24 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465155