https://www.taxtmi.com/caselaws?id=85732 The tribunal set aside the customs authorities' decision to reassess imported Arsenic Trioxide at a higher price, confiscate the goods, and impose fines and penalties. The tribunal found that the declared price of US $305 per metric ton was justified based on the purity level of the imported material and evidence of comparable import prices. The tribunal concluded that the goods were not undervalued and allowed the appeal, directing the annulment of the impugned order. The appellant's request for a detention certificate was not granted, but the tribunal suggested that future requests should be considered by Customs House in light of the decision. en-us Thu, 22 Aug 1996 00:00:00 +0530 Sat, 06 Aug 2011 17:33:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85732 The tribunal set aside the customs authorities' decision to reassess imported Arsenic Trioxide at a higher price, confiscate the goods, and impose fines and penalties. The tribunal found that the declared price of US $305 per metric ton was justified based on the purity level of the imported material and evidence of comparable import prices. The tribunal concluded that the goods were not undervalued and allowed the appeal, directing the annulment of the impugned order. The appellant's request for a detention certificate was not granted, but the tribunal suggested that future requests should be considered by Customs House in light of the decision. Case-Laws Customs Thu, 22 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85732