https://www.taxtmi.com/caselaws?id=54854 Imported rods of limited length were treated as re-rollable steel scrap where the importer's evidence, including the relevant Indian Standard and the notification condition, supported that description and the metallurgical report was not conclusive. On that basis, the concessional duty benefit under Notification No. 21/2002-Customs was available. Once the goods were accepted under that classification, there was no basis to disturb the declared transaction value without following the valuation framework, and the consequential confiscation, redemption fine and penalty founded on the contrary view could not survive. en-us Mon, 19 Dec 2005 00:00:00 +0530 Mon, 01 Apr 2024 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54854 Imported rods of limited length were treated as re-rollable steel scrap where the importer's evidence, including the relevant Indian Standard and the notification condition, supported that description and the metallurgical report was not conclusive. On that basis, the concessional duty benefit under Notification No. 21/2002-Customs was available. Once the goods were accepted under that classification, there was no basis to disturb the declared transaction value without following the valuation framework, and the consequential confiscation, redemption fine and penalty founded on the contrary view could not survive. Case-Laws Customs Mon, 19 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54854