Confiscation of imported goods - non-foundry scrap - In the ...
Case Laws Customs
February 5, 2024
Confiscation of imported goods - non-foundry scrap - In the input/ out put norms - The calculation in the appeal is made by adoption of a fix ratio 1.5 which is not ratio of prescribed in DGFT letter. It cannot be accepted as the real ratio verified by the authorities is less than 1.5 and as per DGFT letter the ratio is a map of 1.5 but limited to the actual verified by Central Excise. - Tribunal confirmed the demand with penalty by for the extended period of limitation.
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