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Customs Valuation Upheld but EPCG Benefit Restored as Licence Remained Valid: CESTAT Chennai

Case Law Details

Case Name
Mahindra Aerostructures Pvt. Ltd. Vs Commissioner of Customs (CESTAT Chennai)
Date of Judgement/Order
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Advertisement Mahindra Aerostructures Pvt. Ltd. Vs Commissioner of Customs (CESTAT Chennai) These appeals arose from a common Order-in-Original dated 30.12.2014 passed by the Commissioner of Customs, Chennai-IV. The appellant imported old and used machinery through Chennai Port under the concessional EPCG Scheme on a high seas sale basis. The machinery had originally been supplied by Boeing Aerostructures Australia and transferred to a group company before being imported. Following investigation by the Directorate of Revenue Intelligence (DRI), the Department alleged suppression of the actu...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 19,021

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