https://www.taxtmi.com/caselaws?id=80073 The Tribunal allowed the appeal against the confiscation of imported goods, enhancement of assessable value, and penalty imposition. It found the contract for the consignment valid despite lack of evidence of return, criticized reliance on Metal Bulletin for valuation without supporting evidence, and noted inconsistencies in treatment of imports from the same supplier. The decision emphasized the significance of evidence in contract validity and valuation, stressing the need for consistent treatment of similar imports. en-us Mon, 04 Sep 1989 00:00:00 +0530 Tue, 14 Jun 2011 15:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80073 The Tribunal allowed the appeal against the confiscation of imported goods, enhancement of assessable value, and penalty imposition. It found the contract for the consignment valid despite lack of evidence of return, criticized reliance on Metal Bulletin for valuation without supporting evidence, and noted inconsistencies in treatment of imports from the same supplier. The decision emphasized the significance of evidence in contract validity and valuation, stressing the need for consistent treatment of similar imports. Case-Laws Customs Mon, 04 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80073