https://www.taxtmi.com/caselaws?id=114870 The Tribunal ruled in favor of M/s. DCM Benetton India Ltd., holding that the assessable value of imported goods for levying Additional Customs Duty should be based on the transaction value rather than the tariff value fixed under Section 3(2) of the Central Excise Act. The Tribunal emphasized that the Customs Tariff Act does not authorize using the tariff value from the Central Excise Act for assessing additional customs duty, clarifying that the tariff value mentioned in the Customs Tariff Act pertains to values under the Customs Act. As a result, the Tribunal set aside the previous order and allowed all appeals by M/s. DCM Benetton India Ltd. en-us Wed, 19 Jan 2005 00:00:00 +0530 Mon, 21 May 2012 17:45:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114870 The Tribunal ruled in favor of M/s. DCM Benetton India Ltd., holding that the assessable value of imported goods for levying Additional Customs Duty should be based on the transaction value rather than the tariff value fixed under Section 3(2) of the Central Excise Act. The Tribunal emphasized that the Customs Tariff Act does not authorize using the tariff value from the Central Excise Act for assessing additional customs duty, clarifying that the tariff value mentioned in the Customs Tariff Act pertains to values under the Customs Act. As a result, the Tribunal set aside the previous order and allowed all appeals by M/s. DCM Benetton India Ltd. Case-Laws Customs Wed, 19 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114870