https://www.taxtmi.com/caselaws?id=119887 Imported goods described as fully refined paraffin wax were not shown to be misdeclared, as the bills of entry matched the examination findings. The declared value was not rejected or enhanced because the Revenue's comparables involved smaller and commercially different imports, making them insufficient to displace the transaction value. For exemption under Notification No. 79/95-Cus., a transferee of a transferable advance licence was not required to prove nexus between the imported goods and the export product once export obligations had been fulfilled and transferability endorsed. The imported goods were also considered usable as a mould release agent, supporting the exemption claim, and the proceedings against the assessee were sustained. en-us Tue, 09 May 2006 00:00:00 +0530 Fri, 13 Jul 2012 18:07:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119887 Imported goods described as fully refined paraffin wax were not shown to be misdeclared, as the bills of entry matched the examination findings. The declared value was not rejected or enhanced because the Revenue's comparables involved smaller and commercially different imports, making them insufficient to displace the transaction value. For exemption under Notification No. 79/95-Cus., a transferee of a transferable advance licence was not required to prove nexus between the imported goods and the export product once export obligations had been fulfilled and transferability endorsed. The imported goods were also considered usable as a mould release agent, supporting the exemption claim, and the proceedings against the assessee were sustained. Case-Laws Customs Tue, 09 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119887