https://www.taxtmi.com/caselaws?id=74940 The Tribunal upheld the Collector of Customs (Appeals) decision in the case involving the valuation of imported goods by M/s. Automotive International. The Department's challenge based on the 1983 price list was rejected, emphasizing the lack of contemporaneous import evidence and the inappropriate comparison with the 1984 imports under Section 14(1)(a) of the Customs Act, 1962. The Tribunal highlighted the Department's failure to prove under-valuation and justified the decision by stating that the 1983 price list alone was insufficient to determine deemed value, leading to the dismissal of the Department's appeal. en-us Fri, 30 Jun 1989 00:00:00 +0530 Mon, 13 Jun 2011 15:09:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74940 The Tribunal upheld the Collector of Customs (Appeals) decision in the case involving the valuation of imported goods by M/s. Automotive International. The Department's challenge based on the 1983 price list was rejected, emphasizing the lack of contemporaneous import evidence and the inappropriate comparison with the 1984 imports under Section 14(1)(a) of the Customs Act, 1962. The Tribunal highlighted the Department's failure to prove under-valuation and justified the decision by stating that the 1983 price list alone was insufficient to determine deemed value, leading to the dismissal of the Department's appeal. Case-Laws Customs Fri, 30 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74940