https://www.taxtmi.com/caselaws?id=120240 The Tribunal rejected the appeal, upholding the direction to grant the drawback claim based on the declared FOB value. The judgment highlights the importance of proper valuation procedures, the advisory role of AEPC opinions, and the necessity of justifying declared prices with costing data. The decision emphasized that AEPC's opinions are not binding for valuation purposes, and the Commissioner's decision to sanction the drawback claim was deemed appropriate. en-us Fri, 05 Aug 2005 00:00:00 +0530 Tue, 17 Jul 2012 17:45:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120240 The Tribunal rejected the appeal, upholding the direction to grant the drawback claim based on the declared FOB value. The judgment highlights the importance of proper valuation procedures, the advisory role of AEPC opinions, and the necessity of justifying declared prices with costing data. The decision emphasized that AEPC's opinions are not binding for valuation purposes, and the Commissioner's decision to sanction the drawback claim was deemed appropriate. Case-Laws Customs Fri, 05 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120240