https://www.taxtmi.com/caselaws?id=53996 The Appellate Tribunal CESTAT, Kolkata upheld the valuation determined by the Assistant Commissioner under Rule 7(A) Customs Valuation Rules for imported refined Soyabean Oil. The Tribunal set aside the penalty and confiscation orders imposed under Sections 112(ii) and 111(m) of the Customs Act, disagreeing with the Assistant Commissioner's decision. Additionally, the Tribunal found that the Commissioner erred in granting the benefit of non-levy of Special Additional Duty (SAD) on the imported oil, restoring the Assistant Commissioner's order on valuation and SAD duty applicability. en-us Mon, 17 Jan 2005 00:00:00 +0530 Sat, 16 Oct 2010 12:42:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53996 The Appellate Tribunal CESTAT, Kolkata upheld the valuation determined by the Assistant Commissioner under Rule 7(A) Customs Valuation Rules for imported refined Soyabean Oil. The Tribunal set aside the penalty and confiscation orders imposed under Sections 112(ii) and 111(m) of the Customs Act, disagreeing with the Assistant Commissioner's decision. Additionally, the Tribunal found that the Commissioner erred in granting the benefit of non-levy of Special Additional Duty (SAD) on the imported oil, restoring the Assistant Commissioner's order on valuation and SAD duty applicability. Case-Laws Customs Mon, 17 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53996