ALO Law Office- IDT Tax I Arbitration I Litigation
Date: 02.07.2025
CESTAT Chandigarh Dismisses Customs Appeals in Metal Scrap Valuation
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Chandigarh, via Final Order Nos. 60650β60742/2025 dated 30.06.2025, dismissed 93 appeals filed by the Revenue against M/s Vardhman Sales Agency and reaffirmed the principles of natural justice and lawful valuation under the Customs Act, 1962.
Background of the Case
- M/s Vardhman Sales Agency, an importer based in Faridabad, imported metal scrap through 93 Bills of Entry at ICD Piyala.
- The declared transaction value was βΉ35.56 crore with self-assessed customs duty of βΉ7.70 crore.
- Customs authorities enhanced the assessable value unilaterally based on NIDB (National Import Database) data, raising the duty to βΉ9.38 crore.
- Although the importer initially paid the enhanced duty under protest to avoid demurrage, they challenged the re-assessment before the Commissioner (Appeals).
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 Chandigarh
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