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2018 (10) TMI 769 - AT - CustomsValuation of imported goods - telephone and other communication equipments - goods imported against various bills of entry, were allegedly found with stickers indicating a ‘retail selling price’ higher than that declared at the time of import - demand of differential duty - confiscation - redemption fine - penalty - Held that:- In the absence of any machinery provisions to alter the retail selling price declared by the importer, and the lack of provision for recovery in the event of any subsequent alteration of retail selling price, no proceedings can be initiated against the appellant in the circumstances narrated in the show cause notice as well as the orders of the lower authorities. Recovery of duties under section 28 of Customs Act, 1962 fails - Appeal allowed - decided in favor of appellant.
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