https://www.taxtmi.com/caselaws?id=119063 The Appellate Tribunal CESTAT, Bangalore, set aside the enhancement of the assessable value of imported aluminium scrap to US $800 per Metric Tonne. The Tribunal emphasized due process, upheld the transaction value of US $400 per Metric Tonne, and criticized reliance on external sources for value determination. It stressed the necessity of contemporaneous import evidence to support any increase in declared value, highlighting legal standards and precedents. en-us Wed, 15 Feb 2006 00:00:00 +0530 Sat, 07 Jul 2012 17:39:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119063 The Appellate Tribunal CESTAT, Bangalore, set aside the enhancement of the assessable value of imported aluminium scrap to US $800 per Metric Tonne. The Tribunal emphasized due process, upheld the transaction value of US $400 per Metric Tonne, and criticized reliance on external sources for value determination. It stressed the necessity of contemporaneous import evidence to support any increase in declared value, highlighting legal standards and precedents. Case-Laws Customs Wed, 15 Feb 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119063