https://www.taxtmi.com/caselaws?id=87795 The case involved disputes over the valuation of imported Acrylic fibre, which was found to be sub-standard by an independent organization. The original authority valued the goods at US $1.35 per kg, while the lower appellate authority reduced it to US $1.16 per kg based on price differentials. The importers argued for acceptance of their invoice value of US $1.47 per kg, but the Tribunal upheld the lower appellate authority's decision. The Tribunal dismissed appeals from both importers and the department, concluding on the valuation, price determination, and penalty issues. en-us Thu, 07 Aug 1997 00:00:00 +0530 Tue, 13 Sep 2011 10:34:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87795 The case involved disputes over the valuation of imported Acrylic fibre, which was found to be sub-standard by an independent organization. The original authority valued the goods at US $1.35 per kg, while the lower appellate authority reduced it to US $1.16 per kg based on price differentials. The importers argued for acceptance of their invoice value of US $1.47 per kg, but the Tribunal upheld the lower appellate authority's decision. The Tribunal dismissed appeals from both importers and the department, concluding on the valuation, price determination, and penalty issues. Case-Laws Customs Thu, 07 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87795