Valuation of Customs Duty of Iron Ore Fines should be done in Accordance with provisions of Section 14 of Customs Act: CESTAT Allows Refund Claim [Read Order]

Valuation of Customs Duty - Iron Ore Fines - Accordance - provisions - Customs Act-CESTAT - Refund Claim-TAXSCAN

The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the valuation of customs duty of Iron ore fines should be done under section 14 of the Customs Act,1962.  Ore Cast (India), the appellant assessee engaged in import, export, and Merchant trading as a Star Export House, exported 34000 MT…

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