Confiscation of goods is not valid on submission of e-BRC certifying repartition of foreign exchange for FOB value: CESTAT [Read Order]

The CESTAT held that mere submission of e-BRC certifying repartition of foreign exchange for FOB Value will not validate confiscation of goods
By Yogitha S. Yogesh - On January 22, 2024 10:07 am - 2 mins read
cestat mumbai - e-BRC Certifying Repartition - CESTAT ruling on Confiscation of Goods - FOB Value and Confiscation of Goods - taxscan

The Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that confiscation of goods cannot be made when the assessee submits e-BRC certifying repartition of foreign exchange for FOB Value. The appellants M/s S.G. International, the exporter and Shri Mohd. Sadique Muchhada, Power of Attorney holder of the…

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