Importer’s Admission on Undervaluation of Goods Does not Absolve Customs from Verification before Redetermining Value: CESTAT [Read Order]
Without any inquiry into the quality, quantity, or characteristics of the goods, or any proof of contemporaneous imports at higher prices, the Tribunal concluded that the customs authorities had failed to discharge their burden of proof, which is bad in law.
By Navasree A.M - On May 17, 2025 12:48 pm - 2 mins read
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) of New Delhi bench held that mere admission of undervaluation by an importer is not sufficient to re-determine the value of imported goods unless corroborated by independent evidence like by verifying quality, quantity and characteristics of goods. The appeal was filed by Krishna Impex…
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