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Customs - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Levy of CVD on MRP basis - After clearance form Customs, the ...


Court Upholds Countervailing Duty on Goods Sold Above MRP Despite Lack of Specific Machinery Provisions in Law.

October 2, 2015

Case Laws     Customs     AT

Levy of CVD on MRP basis - After clearance form Customs, the appellants sold the goods at prices which are different from the MRP declared by them. - even if there are no machinery provisions laid down in Section 3(2) of the CTA and Section 4A(4) of the Central Excise Act, it cannot be concluded that Section 3(2) of the Customs Tariff Act will become ineffective and the law rendered otiose - AT

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