Reducing Higher Declared Value to Impose ADD Not Permissible Under Rule 12: CESTAT Mumbai

Surbhit Impex Pvt. Ltd. Vs Commissioner of Customs (CESTAT Mumbai) The appeals arose from an order passed by the Commissioner of Customs (NS-I), JNCH, Nhava Sheva, confirming rejection of the declared transaction value of imported melamine and imposing Anti-Dumping Duty (ADD), interest, redemption fines, and penalties on the importing companies and associated individuals. The imports involved 38 consignments by Surbhit Impex Pvt. Ltd. (SIPL) and B.M. Jain & Sons Pvt. Ltd. (BMJSPL), the latter having merged with SIPL pursuant to an NCLT order dated 06.05.2022. The investigation was initiate...