https://www.taxtmi.com/caselaws?id=87578 The Tribunal dismissed the Revenue's appeal against the valuation of imported goods, upholding the decision to accept the transaction value of US $13.40 per kg claimed by the Importers. The Collector's order was affirmed, emphasizing the importance of the date of entry inwards for valuation purposes and highlighting the acceptance of transaction value unless under-invoicing is suspected. The judgment clarified the application of Valuation Rules and Customs Act provisions, ultimately supporting the decision based on minor price differences and adherence to transaction value principles. en-us Tue, 14 Oct 1997 00:00:00 +0530 Tue, 06 Sep 2011 18:47:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87578 The Tribunal dismissed the Revenue's appeal against the valuation of imported goods, upholding the decision to accept the transaction value of US $13.40 per kg claimed by the Importers. The Collector's order was affirmed, emphasizing the importance of the date of entry inwards for valuation purposes and highlighting the acceptance of transaction value unless under-invoicing is suspected. The judgment clarified the application of Valuation Rules and Customs Act provisions, ultimately supporting the decision based on minor price differences and adherence to transaction value principles. Case-Laws Customs Tue, 14 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87578