![Market Survey report Based on Contemporaneous Import Data is not Valid: CESTAT Sets Aside Penalty under Customs Act for MisDeclaration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Market-Survey-report-Contemporaneous-Import-Data-CESTAT-Sets-Aside-Penalty-Customs-Act-for-MisDeclaration-MisDeclaration-CESTAT-CESTAT-News-Excise-Customs-Service-Tax-Tax-News-TAXSCAN.jpg "Market Survey report Based on Contemporaneous Import Data is not Valid: CESTAT Sets Aside Penalty under Customs Act for MisDeclaration [Read Order]")
Market Survey report Based on Contemporaneous Import Data is not Valid: CESTAT Sets Aside Penalty under Customs Act for MisDeclaration [Read Order]
The Delhi bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT)has held that the market survey report based on contemporaneous...
![Mere Acceptance of Reassessed Value and Payment Will not be Sufficient to Confirm the Allegation of Under Valuation of Imported Brass Ceramic Cartridge: CESTAT sets aside Penalty under Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Mere-Acceptance-Reassessed-Value-Confirm-the-Allegation-Brass-Ceramic-Cartridge-Customs-Act-Under-Valuation-CESTAT-News-Excise-Customs-Tax-News-TAXSCAN.jpg "Mere Acceptance of Reassessed Value and Payment Will not be Sufficient to Confirm the Allegation of Under Valuation of Imported Brass Ceramic Cartridge: CESTAT sets aside Penalty under Customs Act [Read Order]")
![CESTAT Upholds Dismissal of Appeal by Commissioner on ground of Limitation of Prescribed period u/s 128 of Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/CESTAT-Dismissal-of-Appeal-Appeal-Commissioner-taxscan.jpg "CESTAT Upholds Dismissal of Appeal by Commissioner on ground of Limitation of Prescribed period u/s 128 of Customs Act [Read Order]")
![Section 111(m) of Customs Act, can be invoked only upon material particulars being declared and is detriment in addition to duty liability determined: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Section-111m-of-Customs-Act-material-particulars-being-declared-addition-to-duty-liability-CESTAT-taxscan.jpg "Section 111(m) of Customs Act, can be invoked only upon material particulars being declared and is detriment in addition to duty liability determined: CESTAT [Read Order]")
![CB has Limited Role of Facilitating Clearance of Imported Goods as Assessed, Examined and Given Clearance u/s 47 of Customs Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/CB-CB-has-Limited-Role-CB-has-Limited-Role-of-Facilitating-Clearance-Clearance-Imported-Goods-Goods-CESTAT-taxscan.jpg "CB has Limited Role of Facilitating Clearance of Imported Goods as Assessed, Examined and Given Clearance u/s 47 of Customs Act: CESTAT [Read Order]")
Valuation of Customs Duty of FO and DO used during coastal run of vessel should be done as per ‘Residual Method’ prescribed u/r 9(1) of Customs Valuation Rules: CESTAT [Read Order]
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that valuation of Customs Duty of fuel oil (FO) and diesel oil (DO) used during the coastal run of the vessel...
![Valuation of Customs Duty of FO and DO used during coastal run of vessel should be done as per ‘Residual Method’ prescribed u/r 9(1) of Customs Valuation Rules: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Valuation-of-Customs-Duty-of-FO-and-DO-coastal-run-of-vessel-CESTAT-Residual-Method-Customs-Valuation-Rules-fuel-oil-diesel-diesel-oil-Excise-and-Customs-coastal-run-TAXSCAN.jpg "Valuation of Customs Duty of FO and DO used during coastal run of vessel should be done as per ‘Residual Method’ prescribed u/r 9(1) of Customs Valuation Rules: CESTAT [Read Order]")
Allegation of Smuggling of Cosmetics through Invalid Bill of Entry: CESTAT sets aside Penalty under the Customs Act in the absence of Deliberate Misdeclaration [Read Order]
The Ahmedabad bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) set aside a penalty under the Customs Act, 1962 imposed on an allegation of smuggling of cosmetics through an...
![Allegation of Smuggling of Cosmetics through Invalid Bill of Entry: CESTAT sets aside Penalty under the Customs Act in the absence of Deliberate Misdeclaration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Allegation-Smuggling-Cosmetics-Invalid-Bill-CESTAT-Customs-Act-Deliberate-Misdeclaration-taxscan_1_300.jpg "Allegation of Smuggling of Cosmetics through Invalid Bill of Entry: CESTAT sets aside Penalty under the Customs Act in the absence of Deliberate Misdeclaration [Read Order]")
![Illegal Removal of Seized Red Sanders by CCSP: CESTAT upholds Penalty under Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Illegal-Removal-of-Seized-Red-Sanders-by-CCSP-CESTAT-upholds-Penalty-under-Customs-Act-TAXSCAN-1.jpg "Illegal Removal of Seized Red Sanders by CCSP: CESTAT upholds Penalty under Customs Act [Read Order]")
CBIC extends Exemption from Deposits for Specified goods u/s 51A(4) of Customs Act till 1st Dec 2023 [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) vide notification no. No. 70/2023-Customs (N.T.) S.O. 4254(E) has extended the exemption from deposits for specified goods under Section 51A(4)...
![CBIC extends Exemption from Deposits for Specified goods u/s 51A(4) of Customs Act till 1st Dec 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/09/CBIC-extends-Exemption-CBIC-Deposits-for-Specified-goods-Customs-Act-Specified-goods-taxscan.jpg "CBIC extends Exemption from Deposits for Specified goods u/s 51A(4) of Customs Act till 1st Dec 2023 [Read Notification]")
Consignment of Prohibited Black Pepper can be Released Provisionally u/s 110-A of Customs Act pending Adjudication: Madras HC [Read Order]
The Madras High Court directed to release of the consignment of prohibited Black pepper having an MMI of 500/per kg after testing the samples and paying the customs duty and noted that the...
![Consignment of Prohibited Black Pepper can be Released Provisionally u/s 110-A of Customs Act pending Adjudication: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Consignment-Prohibited-Black-Pepper-Released-Provisionally-Customs-Act-pending-Adjudication-Madras-High-Court-taxscan.jpg "Consignment of Prohibited Black Pepper can be Released Provisionally u/s 110-A of Customs Act pending Adjudication: Madras HC [Read Order]")
