https://www.taxtmi.com/caselaws?id=123198 The Tribunal upheld the Commissioner of Customs(Appeals) orders accepting the transaction value of Manganese Metal imported from South Africa, rejecting the Revenue's challenge. Relying on judicial precedents, including the Andhra Sugars Ltd. case, the Tribunal emphasized that under the new Valuation Rules, transaction value cannot be rejected without evidence of contemporaneous import of the same goods. Since reliance was solely on the Metal Bulletin Price without such evidence, the Tribunal found the rejection of transaction value unjustified and upheld the original decision. en-us Thu, 03 Jan 2008 00:00:00 +0530 Mon, 10 Sep 2012 12:02:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123198 The Tribunal upheld the Commissioner of Customs(Appeals) orders accepting the transaction value of Manganese Metal imported from South Africa, rejecting the Revenue's challenge. Relying on judicial precedents, including the Andhra Sugars Ltd. case, the Tribunal emphasized that under the new Valuation Rules, transaction value cannot be rejected without evidence of contemporaneous import of the same goods. Since reliance was solely on the Metal Bulletin Price without such evidence, the Tribunal found the rejection of transaction value unjustified and upheld the original decision. Case-Laws Customs Thu, 03 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123198