https://www.taxtmi.com/caselaws?id=85138 The Tribunal allowed the appeal, directing a reassessment of the imported car's value after accounting for a full depreciation allowance for the entire year, a 15% trade discount, and the inclusion of actual freight charges incurred by the appellant. The decision emphasized that imported goods should be assessed in the condition they were imported, rejecting the addition of notional values without evidence of special concessions and upholding the appellant's arguments based on the Customs Act. en-us Mon, 05 Dec 1994 00:00:00 +0530 Tue, 02 Aug 2011 18:34:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85138 The Tribunal allowed the appeal, directing a reassessment of the imported car's value after accounting for a full depreciation allowance for the entire year, a 15% trade discount, and the inclusion of actual freight charges incurred by the appellant. The decision emphasized that imported goods should be assessed in the condition they were imported, rejecting the addition of notional values without evidence of special concessions and upholding the appellant's arguments based on the Customs Act. Case-Laws Customs Mon, 05 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85138