No re-enhancement of value possible once value of goods was enhanced and paid Customs duty thereon: CESTAT [Read Order]

Once the value of goods is enhanced and duty is paid, no re-enhancement is allowed
CESTAT - customs duty - re-enhancement - taxscan

The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that re-enhancement of value for assessment purposes, undertaken when the goods were already assessed and exercise for enhancement of declared value was already undertaken at the time of assessment was patently illegal and unjustified.  Premier Trading Company, the appellant assessee was…

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