https://www.taxtmi.com/caselaws?id=107506 The Tribunal allowed the appeal, overturning the Commissioner (Appeals)' decision to uphold the higher valuation of an imported Mitsubishi Pajero car for customs duty assessment. The Tribunal emphasized that valuation should be based on the sale price certified by the manufacturer, in line with statutory provisions under the Customs Act and Valuation Rules. The Tribunal rejected the customs authorities' reliance on an established practice that contradicted the statutory framework, providing relief to the appellant and setting aside the higher valuation for customs duty assessment. en-us Thu, 03 Apr 2003 00:00:00 +0530 Fri, 23 Mar 2012 10:59:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107506 The Tribunal allowed the appeal, overturning the Commissioner (Appeals)' decision to uphold the higher valuation of an imported Mitsubishi Pajero car for customs duty assessment. The Tribunal emphasized that valuation should be based on the sale price certified by the manufacturer, in line with statutory provisions under the Customs Act and Valuation Rules. The Tribunal rejected the customs authorities' reliance on an established practice that contradicted the statutory framework, providing relief to the appellant and setting aside the higher valuation for customs duty assessment. Case-Laws Customs Thu, 03 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107506