https://www.taxtmi.com/caselaws?id=87500 The Tribunal held in favor of the appellants in a customs valuation dispute regarding synthetic rubber imports. The Customs Department failed to sufficiently prove undervaluation, as the appellants demonstrated that the declared value was arrived at through normal negotiations. The department's reliance on contemporary imports at higher prices was deemed insufficient without crucial supporting documents. Consequently, the impugned order was set aside, and the appeals were allowed in favor of the appellants due to the department's failure to provide compelling evidence. en-us Tue, 17 Dec 1996 00:00:00 +0530 Tue, 06 Sep 2011 14:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87500 The Tribunal held in favor of the appellants in a customs valuation dispute regarding synthetic rubber imports. The Customs Department failed to sufficiently prove undervaluation, as the appellants demonstrated that the declared value was arrived at through normal negotiations. The department's reliance on contemporary imports at higher prices was deemed insufficient without crucial supporting documents. Consequently, the impugned order was set aside, and the appeals were allowed in favor of the appellants due to the department's failure to provide compelling evidence. Case-Laws Customs Tue, 17 Dec 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87500