https://www.taxtmi.com/caselaws?id=85321 The Tribunal upheld the impugned order, dismissing the appeal due to the correct application of the law in determining the assessable value of the replaced goods lost at sea and replaced by the foreign supplier at the same price. The Tribunal emphasized that the assessable value should be based on the price at which such goods are ordinarily sold in the normal course of international trade, and in this case, the price applied by the Assistant Collector for similar goods from the same supplier was deemed appropriate. en-us Tue, 16 Apr 1996 00:00:00 +0530 Thu, 04 Aug 2011 12:23:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85321 The Tribunal upheld the impugned order, dismissing the appeal due to the correct application of the law in determining the assessable value of the replaced goods lost at sea and replaced by the foreign supplier at the same price. The Tribunal emphasized that the assessable value should be based on the price at which such goods are ordinarily sold in the normal course of international trade, and in this case, the price applied by the Assistant Collector for similar goods from the same supplier was deemed appropriate. Case-Laws Central Excise Tue, 16 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85321