https://www.taxtmi.com/caselaws?id=98974 The appeal focused on the assessable value of Nickel Oxide Sinter-76 Nodular imported by the appellants, initially declared at US $1.5058 per lb but increased to US $1.79 per lb by the adjudicating authority. Despite evidence of similar imports at consistent prices and lack of commercial influences on pricing, the Commissioner raised the assessable value citing LME price fluctuations. The tribunal set aside the order, allowing the appeal based on the appellants' evidence and emphasizing the importance of transaction value unless proven otherwise, highlighting inconsistencies in considering LME prices. en-us Wed, 10 May 2000 00:00:00 +0530 Tue, 24 Jan 2012 17:14:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98974 The appeal focused on the assessable value of Nickel Oxide Sinter-76 Nodular imported by the appellants, initially declared at US $1.5058 per lb but increased to US $1.79 per lb by the adjudicating authority. Despite evidence of similar imports at consistent prices and lack of commercial influences on pricing, the Commissioner raised the assessable value citing LME price fluctuations. The tribunal set aside the order, allowing the appeal based on the appellants' evidence and emphasizing the importance of transaction value unless proven otherwise, highlighting inconsistencies in considering LME prices. Case-Laws Customs Wed, 10 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98974