https://www.taxtmi.com/caselaws?id=85280 The tribunal determined that the imported catalyst was a new 'R' type, not a repaired XD type, and corrected its valuation to DM 2,94,560 FOB, based on the 1985 price of the XD type catalyst with a 6% annual escalation. The impugned order was set aside, and the appellant was granted duty drawback under Section 74 of the Customs Act, 1962. The appeal was allowed, resolving both the nature and valuation disputes of the imported catalyst. en-us Fri, 23 Feb 1996 00:00:00 +0530 Wed, 03 Aug 2011 18:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85280 The tribunal determined that the imported catalyst was a new 'R' type, not a repaired XD type, and corrected its valuation to DM 2,94,560 FOB, based on the 1985 price of the XD type catalyst with a 6% annual escalation. The impugned order was set aside, and the appellant was granted duty drawback under Section 74 of the Customs Act, 1962. The appeal was allowed, resolving both the nature and valuation disputes of the imported catalyst. Case-Laws Customs Fri, 23 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85280