Consification of Goods and Penalty not permissible When Imported Goods are not mis declared: CESTAT rules in favour of Surya Exim Ltd [Read Order]

By Yogitha S. Yogesh - On December 19, 2022 3:51 pm - 2 mins read
Consification - of - goods - and - penalty - not - permissible - when - imported - goods - are - not - mis - declared- CESTAT - rules - in - favour - of - Surya - Exim - ltd- TAXSCAN

In a ruling in favour of Surya Exim Limited, the Ahmedabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that the Consification of goods and penalty not permissible when imported goods are not mis declared. Surya Exim Limited, the appellant had imported 400.5 MTs Suspension grade PVC Resin Off Grade/…

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