https://www.taxtmi.com/caselaws?id=84038 The tribunal rejected the appeal, upholding the Additional Collector's order that increased the assessable value of an imported machine while allowing the benefit of the Open General Licence for clearance. The tribunal emphasized the importance of reasonable assessment based on recognized parameters and considerations specific to each case, dismissing the relevance of cited case law and affirming the appropriateness of the assessment conducted. Member (J) agreed with the Vice President's view and also rejected the appeal, affirming the decision of the Additional Collector. en-us Mon, 20 Mar 1995 00:00:00 +0530 Tue, 19 Jul 2011 14:31:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84038 The tribunal rejected the appeal, upholding the Additional Collector's order that increased the assessable value of an imported machine while allowing the benefit of the Open General Licence for clearance. The tribunal emphasized the importance of reasonable assessment based on recognized parameters and considerations specific to each case, dismissing the relevance of cited case law and affirming the appropriateness of the assessment conducted. Member (J) agreed with the Vice President's view and also rejected the appeal, affirming the decision of the Additional Collector. Case-Laws Customs Mon, 20 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84038