https://www.taxtmi.com/caselaws?id=97906 The Tribunal allowed the appeal, finding no valid grounds for Customs' enhancement of the price. The decision provided clarity on import valuation processes, emphasizing the significance of contemporaneous imports and the burden of proof on Customs to establish transaction value. The Tribunal determined that the price adjustment was valid, based on falling world-wide prices and mutual agreement between the parties, ultimately granting consequential relief to the appellants. en-us Wed, 06 Jun 2001 00:00:00 +0530 Wed, 18 Jan 2012 15:24:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97906 The Tribunal allowed the appeal, finding no valid grounds for Customs' enhancement of the price. The decision provided clarity on import valuation processes, emphasizing the significance of contemporaneous imports and the burden of proof on Customs to establish transaction value. The Tribunal determined that the price adjustment was valid, based on falling world-wide prices and mutual agreement between the parties, ultimately granting consequential relief to the appellants. Case-Laws Customs Wed, 06 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97906