https://www.taxtmi.com/caselaws?id=83897 The Tribunal ruled in favor of the Department, setting aside the Collector (Appeals)'s decision and allowing the appeal by the Collector of Customs, Bombay. The dispute centered on the assessable value of imported switches, with the Department arguing for the rejection of declared value due to significant price differences in contemporaneous imports. The Tribunal emphasized the need for identical goods to be valued based on contemporaneous imports under Rule 5 of Valuation Rules, ultimately finding in favor of the Department and addressing the authenticity of the belatedly produced certificate of origin. en-us Fri, 06 Jan 1995 00:00:00 +0530 Mon, 18 Jul 2011 15:24:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83897 The Tribunal ruled in favor of the Department, setting aside the Collector (Appeals)'s decision and allowing the appeal by the Collector of Customs, Bombay. The dispute centered on the assessable value of imported switches, with the Department arguing for the rejection of declared value due to significant price differences in contemporaneous imports. The Tribunal emphasized the need for identical goods to be valued based on contemporaneous imports under Rule 5 of Valuation Rules, ultimately finding in favor of the Department and addressing the authenticity of the belatedly produced certificate of origin. Case-Laws Customs Fri, 06 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83897