HomeIndirect TaxesEnhanced Values in Other Bills of Entry Can’t Be Used as Contemporaneous...

Enhanced Values in Other Bills of Entry Can’t Be Used as Contemporaneous Value for Reassessment: CESTAT

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that while mis-declaration of goods justifies rejection of the declared transaction value, Customs authorities cannot rely on enhanced assessable values from other Bills of Entry as contemporaneous value under Rule 4 of the Customs Valuation Rules, 2007. The bench of Justice…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Renting of Building for Hotel Use Not Taxable Under ‘Renting of Immovable Property’ Service: CESTAT Quashes Demand Against Rajinikanth 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench while quashing the...

Scrap Value Generated During Manufacturing Can’t Be Added To Assessable Value Of Finished Goods: CESTAT

The Bangalore Bench of Customs, Excise and Service Tax Appellant Tribunal (CESTAT) has held...

Tea Blending, Packing Services Exempted From Service Tax As ‘Agricultural Produce’: CESTAT

The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...

Investments Made Beyond ITR Due Date: ITAT Allows S. 54 Exemption for Investment in Multiple Residential Properties 

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that for assessment...

More like this

Renting of Building for Hotel Use Not Taxable Under ‘Renting of Immovable Property’ Service: CESTAT Quashes Demand Against Rajinikanth 

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench while quashing the...

Scrap Value Generated During Manufacturing Can’t Be Added To Assessable Value Of Finished Goods: CESTAT

The Bangalore Bench of Customs, Excise and Service Tax Appellant Tribunal (CESTAT) has held...

Tea Blending, Packing Services Exempted From Service Tax As ‘Agricultural Produce’: CESTAT

The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has...