https://www.taxtmi.com/caselaws?id=124707 The Revenue's appeal regarding the valuation of Polypropylene granules imported from Singapore was rejected by the Tribunal. The original adjudicating authority had increased the declared value based on international journal reports and contemporaneous import data, but the Tribunal found this enhancement legally unsound. Insufficient details provided by the adjudicating authority regarding the comparison with identical goods rendered the valuation unsustainable. The lack of evidence to support the price enhancement and the absence of specific import data led to the rejection of the Revenue's appeal. The Commissioner (Appeals) decision was upheld, and the Revenue's appeal was dismissed. en-us Thu, 14 Feb 2008 00:00:00 +0530 Thu, 04 Oct 2012 14:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124707 The Revenue's appeal regarding the valuation of Polypropylene granules imported from Singapore was rejected by the Tribunal. The original adjudicating authority had increased the declared value based on international journal reports and contemporaneous import data, but the Tribunal found this enhancement legally unsound. Insufficient details provided by the adjudicating authority regarding the comparison with identical goods rendered the valuation unsustainable. The lack of evidence to support the price enhancement and the absence of specific import data led to the rejection of the Revenue's appeal. The Commissioner (Appeals) decision was upheld, and the Revenue's appeal was dismissed. Case-Laws Customs Thu, 14 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124707