TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Highlights
of of All Highlights
Note
Bookmark
Share
Don't have an account? Register Here
of CESTAT allowed appellant's appeal regarding under-valuation of imported silk fabrics from China. Revenue rejected transaction value under Rule 10A of 1988 Valuation Rules, relying on contemporaneous imports by other importers and director's statement under Section 108 Customs Act. CESTAT held Revenue failed to discharge burden of proving under-valuation with cogent evidence. Department could not establish identical goods comparison as documents lacked specifications regarding grammage, grade, and quality of weave. Director's statement inadmissible without following Section 138B procedure. Transaction value rejection unjustified; re-determination under Rule 5 unnecessary. Redemption fine and penalty under Section 114A unsustainable. Commissioner's order dated 06.02.2009 set aside.
TaxTMI 
TaxTMI 
