CESTAT Upholds Quashing of Customs Duty Liability on Import of Barge on ground of Irregular Addition of Value of equipment on Board [Read Order]

CESTAT Upholds Quashing of Customs Duty Liability - Import of Barge - ground of Irregular Addition of Value of equipment on Board - TAXSCAN

The Mumbai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the quashing of Customs duty liability on the import of barge on the ground of irregular addition of the value of equipment on board.  Lift & Shift India Pvt Ltd, the respondent assessee imported a barge, Aqua Float 300’, towed by…

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