Tag: customs confiscation

CESTAT Mumbai: Confiscation Unsustainable Once Declared Value Accepted; Sets Aside Fine and Penalties in Kumar Impex Case

Team Law Notify Commissions, Forums & Tribunals March 18, 2026

March 17, 2026 : The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that confiscation of imported goods under Section 111(m) of the Customs Act, 1962 cannot be sustained once the declared transaction value Read more…

CESTAT Sets Aside ₹19.76 Crore Duty Demand on Privilege Airways’ Falcon 2000 Aircraft, Allows Charter Use Under Exemption

Team Law Notify Commissions, Forums & Tribunals March 4, 2026

March 03, 2026 : The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a customs duty demand of ₹19.76 crore against Privilege Airways Pvt. Ltd. in connection with the import of a Read more…

CESTAT Upholds Confiscation of IMFA Helicopter for Private Use, Quashes Penalties on Officials

Team Law Notify Commissions, Forums & Tribunals February 4, 2026

February 03, 2026 : The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal has upheld the confiscation of a helicopter imported by Indian Metal and Ferro Alloys Limited (IMFA) after finding that the aircraft was predominantly Read more…