https://www.taxtmi.com/caselaws?id=102261 The Appellate Tribunal rejected the appeal challenging the Commissioner's decision to accept the declared value of an Arc Welding Set at US $185 instead of the enhanced value of US $2700. The Tribunal found no merit in the appeal due to the lack of evidence supporting the enhanced value and the differences in specifications between the compared machines. The Tribunal upheld the Commissioner's decision based on the principles of valuation and the requirement to accept declared value unless strong evidence of contemporaneous import is presented. en-us Fri, 07 Sep 2001 00:00:00 +0530 Tue, 14 Feb 2012 12:45:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102261 The Appellate Tribunal rejected the appeal challenging the Commissioner's decision to accept the declared value of an Arc Welding Set at US $185 instead of the enhanced value of US $2700. The Tribunal found no merit in the appeal due to the lack of evidence supporting the enhanced value and the differences in specifications between the compared machines. The Tribunal upheld the Commissioner's decision based on the principles of valuation and the requirement to accept declared value unless strong evidence of contemporaneous import is presented. Case-Laws Customs Fri, 07 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102261