https://www.taxtmi.com/caselaws?id=783151 Concessional treatment for cement supplied exclusively to industrial or institutional consumers depends on the actual nature of supply and buyer category, rather than packaging in 50 kg bags or a printed retail sale price. Retail sale price valuation must be based on the imported goods' declared price; domestic cement prices cannot replace it without evidence that the importer sold at a higher price. Extended limitation requires proof of fraud, wilful misstatement or deliberate suppression and does not apply where import particulars, buyers and pricing were disclosed and the dispute concerns interpretation. Equal penalty requires an independently sustainable basis of deliberate wrongdoing. en-us Tue, 09 Dec 2025 00:00:00 +0530 Wed, 10 Dec 2025 08:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783151 Concessional treatment for cement supplied exclusively to industrial or institutional consumers depends on the actual nature of supply and buyer category, rather than packaging in 50 kg bags or a printed retail sale price. Retail sale price valuation must be based on the imported goods' declared price; domestic cement prices cannot replace it without evidence that the importer sold at a higher price. Extended limitation requires proof of fraud, wilful misstatement or deliberate suppression and does not apply where import particulars, buyers and pricing were disclosed and the dispute concerns interpretation. Equal penalty requires an independently sustainable basis of deliberate wrongdoing. Case-Laws Customs Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783151