CESTAT Allowed Home Consumption for Confiscated Goods Due to Beneficial Notification Amendment

Shireen Imex Vs Commissioner of Customs (CESTAT Chennai) The case before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai, involved a challenge to an order that restricted redemption of confiscated imported goods only for re-export. The appellant had imported goods through a Bill of Entry dated 06.12.2024. During assessment, it was observed that certain requirements, including compliance with Minimum Import Price (MIP) conditions under DGFTNotification No. 33/2024 dated 01.10.2024, were not satisfied, as the declared value was below the prescribed threshold. Consequentl...