Tag: Redemption Fine

CESTAT Mumbai Sets Aside Confiscation and Penalties as Accepted Transaction Value Negates Undervaluation Claims

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

CESTAT _ Customs, Excise and Service Tax Appellate Tribunal _ LawNotify

March 17, 2026 : The West Zonal Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has ruled that confiscation of goods under Section 111(m) of the Customs Act, 1962, is unsustainable when the declared transaction value is Read more…

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

Team Law Notify Commissions, Forums & Tribunals

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 Ahmedabad Sets Aside Duty and Penalties Against Rishabh Salvage Energy, Says Section 28AAA Action Invalid Without DGFT Scrip Cancellation

Team Law Notify Commissions, Forums & Tribunals February 19, 2026

February 19, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad Bench, has ruled that customs authorities cannot demand duty or impose penalties under Section 28AAA of the Customs Act, 1962 unless the export incentive scrips in Read more…

CESTAT Ahmedabad Sets Aside Customs Duty Demand Against L&T Over Bombay High Leftover Materials

Team Law Notify Commissions, Forums & Tribunals February 13, 2026

February 13, 2026 : In a significant relief to Larsen & Toubro Limited, the Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has set aside customs duty demands and penalties imposed on the company and its Read more…