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Customs - Highlights / Catch Notes

Home Highlights May 2022 Year 2022 This

Re-classification of imported goods - Mineral Hydrocarbon Oil - ...


Mineral Hydrocarbon Oil Imports: Declared CTH Accepted, Transaction Value Upheld, Fines and Penalties Removed by Court Decision.

May 13, 2022

Case Laws     Customs     AT

Re-classification of imported goods - Mineral Hydrocarbon Oil - Mixed Mineral Hydrocarbon Oil - The goods under import are to be classified as per CTH heading claimed/declared by the appellant in the bills of entry. Accordingly, we hold that rejection of transaction value is also bad and thus, declared value has to be accepted. Redemption fine and penalties on the appellants are also set aside - AT

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