Supreme Court dismisses customs appeals involving ₹1.29 crore dispute, citing updated ₹2 crore monetary threshold under CBIC circular.
Supreme Court Enforces ₹2 Crore Threshold for Customs Appeals
The Supreme Court dismissed customs appeals involving a tax dispute of ₹1.29 crore, holding that the monetary threshold for admission of such appeals has been raised to ₹2 crore as per a recent CBIC circular. The ruling reflects tightening jurisdictional filters at the apex level.
The Court reiterated that only substantial questions of law or public importance may overcome the financial threshold. Isolated factual disputes below the limit are not maintainable unless they raise broader legal issues.
Practitioner Takeaway: Appeals to the Supreme Court in customs matters must now meet a higher financial bar. Practitioners should assess the viability of appeals early and consider alternative fora for lower-value disputes.
