https://www.taxtmi.com/caselaws?id=92509 The Tribunal ruled in favor of the appellants, ordering the reassessment of imported goods based on the actual transaction value rather than the proforma invoice price. It emphasized the Customs Authorities' error in valuing the goods and directed the refund of excess duty paid. The judgment highlighted the importance of accurate valuation under the Customs Act and the need to consider post-importation expenses for a fair assessment of imported goods. en-us Thu, 30 Sep 1999 00:00:00 +0530 Wed, 02 Nov 2011 11:49:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92509 The Tribunal ruled in favor of the appellants, ordering the reassessment of imported goods based on the actual transaction value rather than the proforma invoice price. It emphasized the Customs Authorities' error in valuing the goods and directed the refund of excess duty paid. The judgment highlighted the importance of accurate valuation under the Customs Act and the need to consider post-importation expenses for a fair assessment of imported goods. Case-Laws Customs Thu, 30 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92509