https://www.taxtmi.com/caselaws?id=83397 The Tribunal upheld the Collector's decision on the assessment of the value of the imported car for customs purposes, rejecting the contention to add freight based on the depreciated value and emphasizing consideration of ascertained freight from the country of origin. The Tribunal overturned the Collector's decision on the computation of freight charges, agreeing with the Department that actual freight from Japan to India should be added. The Tribunal condoned the delay in filing the Cross Objection due to the respondent's hospitalization and dismissed the Cross Objection on the consideration of the rate of exchange for imported car valuation, aligning with the Customs Act's provision on exchange rate calculation. en-us Mon, 25 Jul 1994 00:00:00 +0530 Wed, 13 Jul 2011 12:07:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83397 The Tribunal upheld the Collector's decision on the assessment of the value of the imported car for customs purposes, rejecting the contention to add freight based on the depreciated value and emphasizing consideration of ascertained freight from the country of origin. The Tribunal overturned the Collector's decision on the computation of freight charges, agreeing with the Department that actual freight from Japan to India should be added. The Tribunal condoned the delay in filing the Cross Objection due to the respondent's hospitalization and dismissed the Cross Objection on the consideration of the rate of exchange for imported car valuation, aligning with the Customs Act's provision on exchange rate calculation. Case-Laws Customs Mon, 25 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83397