Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Imposition of countervailing duty (CVD) on imports of stainless steel coils and plates from China,...

Imposition of countervailing duty (CVD) on imports of stainless steel coils and plates from China, confiscation and penalties, duty drawback claims, and amendment of shipping bills. The Tribunal held that the imports on 12.10.2017 were liable for CVD u/s 9 of the Customs Tariff Act, 1975, as the exemption notification was issued later on 13.10.2017. While upholding the CVD demand, the Tribunal set aside the confiscation of goods u/s 111(d) of the Customs Act, 1962, and penalties u/ss 112(a), 114A, and 114AA, citing lack of evidence. The appellants' duty drawback claim and request for amendment of shipping bills u/s 149 were allowed, directing the Commissioner to examine and provide relief as per law. The Tribunal relied on relevant legal provisions, notifications, and judicial precedents in its decision. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates