Valuation of imported goods requires proper consideration of record and applicable law; order set aside and remanded.

The Tribunal's order was found unsustainable because it had not considered the material on record relating to the different categories of imports and had not applied the correct valuation framework for imported goods. The Supreme Court therefore set aside the order and remanded the matter to the Tribunal for fresh hearing and decision in accordance with the applicable law.

---

---

Issues: Whether the Tribunal's order required to be set aside and the appeal remanded for fresh decision on the valuation of imported goods and the applicable law.

Analysis: The order under challenge was found unsustainable because the Tribunal had not considered the material on record concerning the different categories of imports and had not applied its mind to the rules governing valuation of imported goods and the applicable legal framework.

Outcome: The order under appeal was set aside and the matter was remanded to the Tribunal to be heard and decided afresh.

---