‘Let export order’ date is the date for determining Custom duty Rate: CESTAT Bangalore

Commissioner of Customs Vs R.M.K.S Minerals Exports P. Ltd (CESTAT Bangalore) Introduction: The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Bangalore recently delivered a landmark decision in the case of “Commissioner of Customs Vs R.M.K.S Minerals Exports P. Ltd,” which has significant implications for the determination of the rate of customs duty applicable to exports. This case centered around the appropriate date for determining the rate of customs duty, specifically whether it should be the date of the ‘Let Export Order’ or some other date. The Tri...