https://www.taxtmi.com/caselaws?id=85417 The Tribunal allowed the appeal, ruling in favor of the appellant in a case concerning the valuation of imported goods under Section 14 of the Customs Act, 1962. The dispute arose from the Customs authorities loading the declared invoice value for assessment, leading to a disagreement over the deemed value of the goods at the time and place of importation. The Tribunal upheld the appellant's argument that their contract price, based on day-to-day spot prices, should be accepted for assessment, emphasizing the genuineness of the contract price and the absence of challenges to its validity. en-us Wed, 20 Mar 1996 00:00:00 +0530 Thu, 04 Aug 2011 18:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85417 The Tribunal allowed the appeal, ruling in favor of the appellant in a case concerning the valuation of imported goods under Section 14 of the Customs Act, 1962. The dispute arose from the Customs authorities loading the declared invoice value for assessment, leading to a disagreement over the deemed value of the goods at the time and place of importation. The Tribunal upheld the appellant's argument that their contract price, based on day-to-day spot prices, should be accepted for assessment, emphasizing the genuineness of the contract price and the absence of challenges to its validity. Case-Laws Customs Wed, 20 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85417