ALO Law Office- IDT Tax I Arbitration I Litigation
Date: 02.05.2025
CESTAT Bangalore held that there was no justification to reject the transaction value
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Regional Bench Bangalore, has allowed the appeal filed by M/s K V Joshy & C K Paul against the re-determined customs valuation of imported refillable plastic gas lighters from China. In Final Order No. 20531/2025 dated 30 April 2025, the Tribunal ruled that the rejection of transaction value was unjustified due to lack of comparable imports and procedural lapses.
Case Background:
- The appellants imported refillable plastic gas lighters under Bill of Entry No. 8950081 dated 17.04.2015.
- Customs authorities alleged undervaluation based on email communications and proforma invoices showing higher values for different branded products.
- The Adjudicating Authority re-determined the value and imposed penalties. The Commissioner (Appeals) later upheld the reassessment but set aside penalty under Section 114AA.
- The matter reached CESTAT challenging the basis for rejecting declared values.
This Article has been written by Shri Ravi Shekhar Jha, Advocate Delhi High Court based on his interpretation of the law. He can be reached at his email id intelconsul@gmail.com or on his Mobile +91-9999005379.
Source: CESTAT Bangalore
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