https://www.taxtmi.com/caselaws?id=115244 The Tribunal initially ruled against enhancing the value of VCRs, granting appeals for refund. After a rectification application by Revenue, considering the licensing angle, Final Order favored importers, settling the issue comprehensively. Despite Revenue's objection, the Tribunal ordered interest payment for delay in refund, emphasizing the relevance of valuation and licensing angle. Interest at 12% was directed to be paid three months post Final Order, to be completed within eight weeks, with compliance verification required by a specified deadline. en-us Mon, 28 Mar 2005 00:00:00 +0530 Fri, 25 May 2012 11:04:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115244 The Tribunal initially ruled against enhancing the value of VCRs, granting appeals for refund. After a rectification application by Revenue, considering the licensing angle, Final Order favored importers, settling the issue comprehensively. Despite Revenue's objection, the Tribunal ordered interest payment for delay in refund, emphasizing the relevance of valuation and licensing angle. Interest at 12% was directed to be paid three months post Final Order, to be completed within eight weeks, with compliance verification required by a specified deadline. Case-Laws Customs Mon, 28 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115244