https://www.taxtmi.com/caselaws?id=111521 The Tribunal set aside the Customs authorities' decision to enhance the declared price of Erucic Acid imported by the appellants from US $1375 PMT to US $1480 PMT based on a previous higher import price. The Tribunal found that the evidence presented by the overseas manufacturer supported the lower price due to increased quantity and reduced raw material costs. As the Revenue failed to prove a higher price paid by the appellant, the transaction value determination favored the appellant, leading to the appeal's success. en-us Thu, 18 Mar 2004 00:00:00 +0530 Mon, 23 Apr 2012 18:21:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111521 The Tribunal set aside the Customs authorities' decision to enhance the declared price of Erucic Acid imported by the appellants from US $1375 PMT to US $1480 PMT based on a previous higher import price. The Tribunal found that the evidence presented by the overseas manufacturer supported the lower price due to increased quantity and reduced raw material costs. As the Revenue failed to prove a higher price paid by the appellant, the transaction value determination favored the appellant, leading to the appeal's success. Case-Laws Customs Thu, 18 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111521