Iron Content in Iron Ore Fines to be Calculated on Wet Metric Ton Basis for assessments before May 1, 2022, All Impurities Including Moisture Deducted for Customs Duty Determination: CESTAT
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata bench has held that the calculation of iron (Fe) content in iron ore fines...
![Relief to Intas Pharmaceuticals: CESTAT rules Benefit of Customs Duty cannot be Denied to Loan Licensee Importer [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Relief-Intas-Pharmaceuticals-CESTAT-Benefit-Customs-Duty-Denied-Loan-Licensee-Importer-TAXSCAN.jpg "Relief to Intas Pharmaceuticals: CESTAT rules Benefit of Customs Duty cannot be Denied to Loan Licensee Importer [Read Order]")
![Non awareness of other contraband goods in Consignment other than Declared in Bill of Entry is not an Excuse to avoid Penalty u/s 117 of Customs Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Non-awareness-contraband-goods-Consignment-Declared-Bill-Entry-Excuse-avoid-Penalty-Customs-Act-CESTAT-TAXSCAN.jpg "Non awareness of other contraband goods in Consignment other than Declared in Bill of Entry is not an Excuse to avoid Penalty u/s 117 of Customs Act: CESTAT [Read Order]")
![Material Evidence Showing Complicit and Active Involvement in Evasion of Customs Duty: Delhi HC upholds Penalty under Customs Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Material-Evidence-Complicit-Active-Involvement-Evasion-Customs-Duty-Delhi-HC-Penalty-Customs-Act-TAXSCAN.jpg "Material Evidence Showing Complicit and Active Involvement in Evasion of Customs Duty: Delhi HC upholds Penalty under Customs Act [Read Order]")
![Drawback Benefit Available for Gold Exports Despite Non-Payment of Basic Customs Duty, Provided Additional Duty Paid u/s 3 of Customs Tariff Act During Import: Delhi High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Drawback-Benefit-Available-for-Gold-Exports-Despite-Non-Payment-of-Basic-Customs-Duty-Provided-Additional-Duty-Paid-Customs-Tariff-Act-During-Import-Delhi-High-Court-TAXSCAN.jpg "Drawback Benefit Available for Gold Exports Despite Non-Payment of Basic Customs Duty, Provided Additional Duty Paid u/s 3 of Customs Tariff Act During Import: Delhi High Court [Read Order]")
Additional Claim towards Customs Duty not allowable u/s 43B of Income Tax Act as Assessee not Obliged to Pay Customs Duty: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the additional claim towards the customs duty not allowable under Section 43B of the Income Tax Act 1961 as the asssessee was...
![Additional Claim towards Customs Duty not allowable u/s 43B of Income Tax Act as Assessee not Obliged to Pay Customs Duty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Additional-Claim-Claim-Customs-Duty-Income-Tax-Act-Pay-Customs-Duty-Assessee-ITAT-taxscan.jpg "Additional Claim towards Customs Duty not allowable u/s 43B of Income Tax Act as Assessee not Obliged to Pay Customs Duty: ITAT [Read Order]")
Customs Duty on Import of HSD by Indian Oil Corporation must be Based on Actual Oil Quantity Physically Recieved into Shore Tank: CESTAT [Read Order]
In the case of Indian Oil Corporation Limited (IOCL), the Ahmedabad bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that Customs Duty on Import of High Speed...
![Customs Duty on Import of HSD by Indian Oil Corporation must be Based on Actual Oil Quantity Physically Recieved into Shore Tank: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Customs-Duty-Import-of-HSD-HSD-Indian-oil-Corporation-Actual-Oil-Quantity-Physically-Recieved-Actual-Oil-Oil-Quantity-Shore-Tank-CESTAT-taxscan.jpg "Customs Duty on Import of HSD by Indian Oil Corporation must be Based on Actual Oil Quantity Physically Recieved into Shore Tank: CESTAT [Read Order]")
Royalty or Technical Know How Fees Paid to Foreign Collaborator Not a Condition of Sale of Imported Goods; Excluded from Assessable Value for Customs Duty Calculation as Conditions under Rule 9(1)(c) of Customs Valuation Rules Not Satisfied: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench has upheld that royalty or technical know how fees paid by an importer to a foreign collaborator should not be...
![Royalty or Technical Know How Fees Paid to Foreign Collaborator Not a Condition of Sale of Imported Goods; Excluded from Assessable Value for Customs Duty Calculation as Conditions under Rule 9(1)(c) of Customs Valuation Rules Not Satisfied: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Royalty-Fees-Foreign-Collaborator-Condition-of-Sale-of-Imported-Goods-Customs-Valuation-Rules-Not-Satisfied-CESTAT-excise-taxscan.jpg "Royalty or Technical Know How Fees Paid to Foreign Collaborator Not a Condition of Sale of Imported Goods; Excluded from Assessable Value for Customs Duty Calculation as Conditions under Rule 9(1)(c) of Customs Valuation Rules Not Satisfied: CESTAT [Read Order]")
Penalty under Customs Act not Imposable when Fabricated DEPB Scrip Purchased on Bonafide Belief: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that penalty under Customs Act,1962 is not imposable when fabricated DEPBS scrip purchased on...
![Penalty under Customs Act not Imposable when Fabricated DEPB Scrip Purchased on Bonafide Belief: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Penalty-under-Customs-Act-Penalty-Customs-Act-Fabricated-DEPB-Scrip-DEPB-Scrip-Fabricated-Bonafide-Belief-CESTAT-taxscan.jpg "Penalty under Customs Act not Imposable when Fabricated DEPB Scrip Purchased on Bonafide Belief: CESTAT [Read Order]")
Exemption of Customs Duty allowable as per Project Import Regulations when Application For Registration of Contract Prior to Import of Goods: CESTAT [Read Order]
The Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that the exemption of Customs Duty allowable as per Project Import Regulations when application...
![Exemption of Customs Duty allowable as per Project Import Regulations when Application For Registration of Contract Prior to Import of Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Exemption-Customs-Duty-Project-Import-Regulations-Application-Application-For-Registration-of-Contract-Prior-to-Import-of-Goods-Import-of-Goods-Goods-CESTAT-taxscan.jpg "Exemption of Customs Duty allowable as per Project Import Regulations when Application For Registration of Contract Prior to Import of Goods: CESTAT [Read Order]")
Import of Timber Logs made by Payment of Due Amount of Customs Duty and SAD: CESTAT allows Refund against unsold goods [Read Order]
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), allowed refund against unsold goods as the import of timber logs made by the payment of due amount of customs...
![Import of Timber Logs made by Payment of Due Amount of Customs Duty and SAD: CESTAT allows Refund against unsold goods [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Import-of-Timber-Logs-made-by-Payment-Import-of-Timber-Logs-Payment-Customs-Duty-SAD-CESTAT-allows-Refund-against-unsold-goods-taxcan.jpg "Import of Timber Logs made by Payment of Due Amount of Customs Duty and SAD: CESTAT allows Refund against unsold goods [Read Order]")
Delay of 253 Days in Granting Refund of Customs Duty: CESTAT Confirms Interest at 6% for Delay upto Date of Sanctioning Refund [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed an interest at 6% for delay upto date of sanctioning refund as there was a delay of 253 days in...
![Delay of 253 Days in Granting Refund of Customs Duty: CESTAT Confirms Interest at 6% for Delay upto Date of Sanctioning Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Delay-of-253-Days-in-Granting-Refund-of-Customs-Duty-CESTAT-Confirms-Interest-Delay-upto-Date-of-Sanctioning-Refund-TAXSCAN.jpg "Delay of 253 Days in Granting Refund of Customs Duty: CESTAT Confirms Interest at 6% for Delay upto Date of Sanctioning Refund [Read Order]")