https://www.taxtmi.com/caselaws?id=115219 The Tribunal rejected the Revenue's appeal against the Commissioner (Appeals) order on the transaction value of goods. The dispute centered on the valuation of Polyester Texturised Yarn, with the Revenue seeking to increase the value based on contemporaneous imports. However, the Commissioner found the prices used were not for contemporaneous imports and emphasized adherence to valuation rules and legal principles. The Tribunal agreed, noting differences in quality and quantity of goods compared, and deemed the Revenue's valuation unsustainable. Consequently, the Revenue's appeal was dismissed. en-us Tue, 01 Mar 2005 00:00:00 +0530 Thu, 24 May 2012 17:55:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115219 The Tribunal rejected the Revenue's appeal against the Commissioner (Appeals) order on the transaction value of goods. The dispute centered on the valuation of Polyester Texturised Yarn, with the Revenue seeking to increase the value based on contemporaneous imports. However, the Commissioner found the prices used were not for contemporaneous imports and emphasized adherence to valuation rules and legal principles. The Tribunal agreed, noting differences in quality and quantity of goods compared, and deemed the Revenue's valuation unsustainable. Consequently, the Revenue's appeal was dismissed. Case-Laws Customs Tue, 01 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115219