https://www.taxtmi.com/caselaws?id=115720 The Commissioner (Appeals) granted a stay of Order-in-Appeal No. 376/2003, allowing the Memorandum of Agreement (MOA) to be considered as an invoice for valuation in the Ship Breaking Industry. The valuation was directed based on the price in the MOA dated 2-7-2001, rejecting the appellant's argument to consider the addendum price unless proven incorrect. The judgment emphasized adherence to valuation rules and past precedents, requiring a pre-deposit following the latest decision's implications for the appeal to proceed effectively. Compliance with valuation principles and legal precedents in customs matters was highlighted for a fair resolution. en-us Fri, 23 Jul 2004 00:00:00 +0530 Fri, 01 Jun 2012 14:07:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115720 The Commissioner (Appeals) granted a stay of Order-in-Appeal No. 376/2003, allowing the Memorandum of Agreement (MOA) to be considered as an invoice for valuation in the Ship Breaking Industry. The valuation was directed based on the price in the MOA dated 2-7-2001, rejecting the appellant's argument to consider the addendum price unless proven incorrect. The judgment emphasized adherence to valuation rules and past precedents, requiring a pre-deposit following the latest decision's implications for the appeal to proceed effectively. Compliance with valuation principles and legal precedents in customs matters was highlighted for a fair resolution. Case-Laws Customs Fri, 23 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115720