Set Back to L.G. Electronics: CESTAT rejects Claim of Concessional Rate of Basic Customs Duty on Import of G-Watch [Read Order]

The claim of Concessional Rate of Basic Customs Duty on Import of G-Watch was rejected by the CESTAT, in an appeal filed by LG Electronics
By Kalyani B. Nair - On December 5, 2023 11:30 am - 2 mins read
LG Electronics - LG - Concessional Rate - Customs Duty on Import - G Watch - taxscan

In a major setback to LG Electronics, the New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), rejected the claim of concessional rate of basic customs duty on import of G-watch. Show Cause Notice was served upon the appellant proposing rejection of classification claimed by the appellant i.e. under CTH 91021900….

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