https://www.taxtmi.com/caselaws?id=84940 The Tribunal in the case directed the assessable value of an imported car to be determined based on the manufacturer's price list with a 15% discount or the World Car Catalogue price less 15%, emphasizing the valuation methodology for imported cars. The appellant's request for deductions for damages to tires was rejected due to insufficient evidence, but depreciation on accessories was accepted. The impugned order was set aside, and the jurisdictional Assistant Commissioner was directed to reassess the value in line with the Tribunal's principles, allowing the appeal partially. en-us Tue, 06 Feb 1996 00:00:00 +0530 Mon, 01 Aug 2011 16:42:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84940 The Tribunal in the case directed the assessable value of an imported car to be determined based on the manufacturer's price list with a 15% discount or the World Car Catalogue price less 15%, emphasizing the valuation methodology for imported cars. The appellant's request for deductions for damages to tires was rejected due to insufficient evidence, but depreciation on accessories was accepted. The impugned order was set aside, and the jurisdictional Assistant Commissioner was directed to reassess the value in line with the Tribunal's principles, allowing the appeal partially. Case-Laws Customs Tue, 06 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84940