Rejection of Transactional Value on Export of Iron Ore Fines not in accordance with provisions of Section 14 of Customs Act: CESTAT Quashes Customs Duty Demand [Read Order]

Customs Duty deletion due to violation of section 14 of the Customs Act,1962
By Shabna Rahim - On December 2, 2023 2:30 pm - 2 mins read
Customs Duty - Customs Duty deletion - CESTAT - Export of Iron - TAXSCAN

Customs Duty deletion due to violation of section 14 of the Customs Act,1962.  The Hyderabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the Customs duty demand for rejecting the transactional value of export of iron ore fines which was done not under section 14 of the Customs Act.  Krishna Traders,…

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