https://www.taxtmi.com/caselaws?id=98631 The Tribunal set aside the initial order in a case involving the valuation of imported goods, remanding it for a fresh determination. The Commissioner later valued the goods under Customs rules, leading to an appeal. Additionally, the goods were confiscated with an option to redeem, and a penalty was imposed. The Tribunal ultimately accepted the transaction value declared by the importers, setting aside the impugned order and allowing the appeal, emphasizing the lack of justification for loading the value of the goods and the insufficiency of expert reports relied upon. en-us Wed, 08 Aug 2001 00:00:00 +0530 Sat, 21 Jan 2012 13:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98631 The Tribunal set aside the initial order in a case involving the valuation of imported goods, remanding it for a fresh determination. The Commissioner later valued the goods under Customs rules, leading to an appeal. Additionally, the goods were confiscated with an option to redeem, and a penalty was imposed. The Tribunal ultimately accepted the transaction value declared by the importers, setting aside the impugned order and allowing the appeal, emphasizing the lack of justification for loading the value of the goods and the insufficiency of expert reports relied upon. Case-Laws Customs Wed, 08 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98631