https://www.taxtmi.com/caselaws?id=94493 The appeal was allowed due to the denial of natural justice and the need for a well-reasoned decision based on expert opinions. The case involved the seizure of an export consignment of diamonds on grounds of overvaluation, with discrepancies in valuation and lack of disclosure of valuation reports to the exporter. The Tribunal emphasized the importance of expert valuation in the diamond trade and remanded the proceedings for a fair assessment, stressing transparency and fairness in customs proceedings. en-us Fri, 10 Dec 1999 00:00:00 +0530 Tue, 22 Nov 2011 18:23:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94493 The appeal was allowed due to the denial of natural justice and the need for a well-reasoned decision based on expert opinions. The case involved the seizure of an export consignment of diamonds on grounds of overvaluation, with discrepancies in valuation and lack of disclosure of valuation reports to the exporter. The Tribunal emphasized the importance of expert valuation in the diamond trade and remanded the proceedings for a fair assessment, stressing transparency and fairness in customs proceedings. Case-Laws Customs Fri, 10 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94493