Reassessment of Imported Goods Set Aside Because Customs Valuation Rules Were Not Followed

Chandan Steel Limited Vs Commissioner of Customs (Import) (CESTAT Mumbai) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai, allowed the appeal filed against an Order-in-Appeal dated 10 April 2014 issued by the Commissioner of Customs (Appeals), Mumbai-II, Nhava Sheva. The dispute concerned reassessment of imported goods, enhancement of their value, confiscation of goods, and imposition of redemption fine and penalty under the Customs Act, 1962. The appellant had filed a Bill of Entry dated 23 September 2013 for clearance of 24.105 metric tonnes of “used/unused articles...