Home Case Index All Cases Customs Customs + AT Customs - 2016 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (8) TMI 430 - AT - CustomsClassification - Silicon Electrical Steel Strip Scrap scrap - Silicon Electrical Steel confiscation redemption fine Held that: - similar goods obtained by dismantling of old and used transformers will be considered as scrap and not as old and used CRGO sheets requiring a licence. Therefore, no misdeclaration of description by the Appellant in respect of the present consignment as held in the case [2009 (10) TMI 717 - CESTAT KOLKATA] Assessable value enhancement - There is no iota of evidence that appellant has repatriated any excess money to the foreign supplier over and above the invoice value. Under the existing factual matrix it cannot be held that relied upon documents of imports were of contemporary nature enhancement not sustainable. Appeal allowed decided in favor of appellant.
|