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Custom Duty | ₹582 Crore Import Overvaluation Allegations Insufficient to Sustain Customs Penalties: CESTAT Mumbai

14 Oct 2026 · 2d agoBy CA Sandeep KanoiSource: TaxGuru

CESTAT Mumbai sets aside customs penalties on ₹582 crore ship design imports, holding that nil valuation and alleged over-invoicing lacked legal basis. The post ₹582 Crore Import Overvaluation Allegations Insufficient to Sustain Customs Penalties: CESTAT Mumbai appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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