Delhi High Court Passes Summary Judgment in Favour of Tata Power in Trademark Infringement Suit  ||  MP High Court: District Magistrate Can Re-Execute Possession Orders u/s 14 of SARFAESI Act  ||  Rajasthan HC: Accommodation to Female Candidates for Karwa Chauth isn’t Violation of Article 14  ||  SC Refers Regarding Compensation Under "No-Fault Liability" to Larger Bench  ||  SC to Examine if the Period Prescribed under Section 18(5) of MSMED Act is Mandatory or Directory  ||  SC: To Prevent Potential Environmental Damage PCBs Can Impose Compensatory Damages  ||  SC: GUVNL Cannot be Guided by its Own Commercial Interests  ||  Bombay High Court to Get New Bench at Kolhapur District  ||  SC: Employers Must Accommodate Workers Who Acquire Disability  ||  Supreme Court Quashes Bail Condition Forcing Conjugal Life With Wife    

CESTAT, Mumbai: Voluntarily Acceptance of Higher Value Exempts Importer From Confiscation Liability - (05 May 2022)

CUSTOMS

Customs, Excise & Service Tax Appellate Tribunal, Mumbai has reiterated that voluntarily acceptance of a higher value and willing to pay the customs duty at the enhanced rate would exempt the importer from liability of confiscation and redemption fine as per the Customs Act, 1962.

Tags : CUSTOMS   EXCISE & SERVICE TAX APPELLATE TRIBUNAL   CUSTOMS DUTY   CUSTOMS ACT   1962   ENHANCED RATE   REDEMPTION FINE  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved