https://www.taxtmi.com/caselaws?id=110501 The Tribunal ruled in favor of the appellant, determining that the transaction value for the imported goods should be based on the high seas basis price at which the goods were sold in 1998, rather than the original 1997 price. The decision emphasized the importance of considering the price for delivery at the time and place of importation, aligning with Customs Valuation Rules and Section 14(1) of the Customs Act. Previous Tribunal decisions supporting this interpretation were deemed applicable, leading to the appeal being allowed in favor of the appellant. en-us Wed, 17 Sep 2003 00:00:00 +0530 Tue, 17 Apr 2012 11:49:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110501 The Tribunal ruled in favor of the appellant, determining that the transaction value for the imported goods should be based on the high seas basis price at which the goods were sold in 1998, rather than the original 1997 price. The decision emphasized the importance of considering the price for delivery at the time and place of importation, aligning with Customs Valuation Rules and Section 14(1) of the Customs Act. Previous Tribunal decisions supporting this interpretation were deemed applicable, leading to the appeal being allowed in favor of the appellant. Case-Laws Customs Wed, 17 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110501