This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Section 14 of Customs Act not relevant to rough diamonds as same are leviable to NIL duty
Case Law Details
- Case Name
- Commissioner of Customs Vs Kiran Gems Pvt Ltd (CESTAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Commissioner of Customs Vs Kiran Gems Pvt Ltd (CESTAT Mumbai)
CESTAT Mumbai held that section 14 of Customs Act, 1962, or any Rules framed thereunder, is not of relevance to the rough diamonds as the same are leviable to NIL duty as per the Customs Tariff Act, 1975.
Facts-The two consignments of 62,837 carats and 76,195.45 carats valued at Rs. 49,21,80,126.88 and Rs. 119,24,42,649.19, imported by M/s Kiran Gems P Ltd were declared to be in conformity with description corresponding to tariff item 7102 3100 in First Schedule to Customs Tariff Act, 1975 but, on examination, were ...
Author Info
