Supreme Court Upholds Customs Valuation: Global Technologies Loses Appeal (March 15, 2024)
Supreme Court Upholds Customs Valuation: Global Technologies vs. Principal Commissioner (2024) LEGAL ISSUE: Whether the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) was correct in upholding the rejection of declared assessable value of imported goods and imposing penalties for undervaluation. CASE TYPE: Customs Law Case Name: M/s Global Technologies and Research vs. Principal Commissioner […]