https://www.taxtmi.com/caselaws?id=120258 The Appellate Tribunal CESTAT, Mumbai, rejected the Revenue's appeal against the Commissioner of Customs (Appeals) decision on the transaction value for imports in June 1997. The Tribunal upheld the Commissioner's decision, which was based on a chart showing a downward trend in steel product prices and supported by evidence of a gradual price decrease. The historical data from October 1996 was deemed relevant for assessing the contemporaneous price for June 1997 imports due to the consistent price decline. As a result, the Tribunal found no merit in the Revenue's grounds and dismissed the appeal. en-us Wed, 07 Dec 2005 00:00:00 +0530 Wed, 18 Jul 2012 10:32:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120258 The Appellate Tribunal CESTAT, Mumbai, rejected the Revenue's appeal against the Commissioner of Customs (Appeals) decision on the transaction value for imports in June 1997. The Tribunal upheld the Commissioner's decision, which was based on a chart showing a downward trend in steel product prices and supported by evidence of a gradual price decrease. The historical data from October 1996 was deemed relevant for assessing the contemporaneous price for June 1997 imports due to the consistent price decline. As a result, the Tribunal found no merit in the Revenue's grounds and dismissed the appeal. Case-Laws Customs Wed, 07 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120258