Import of restricted Goods in violation of ITC(HS) Import Policy and Non-Declaration of Correct Value: CESTAT confirms Penalty [Read Order]

By Kalyani B. Nair - On February 16, 2023 9:30 pm - 2 mins read
Import - of - restricted - Goods - ITC - CESTAT - Penalty - TAXSCAN

The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed penalty on the ground that there was import of restricted goods in violation of ITC(HS) Import Policy and non-declaration of correct value. Aggarwal Traders, the appellant has filed this appeal to assail the order passed by the Commissioner of Customs…

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