https://www.taxtmi.com/caselaws?id=125097 The Tribunal upheld the enhancement of the assessable value of imported goods to US $ 2200 per metric ton CIF, rejecting the importer's claim of a special discount negotiated with the foreign supplier. The Tribunal emphasized that the special discount was not admissible under Section 14(1) of the Customs Act, 1962, citing precedent. The impugned order was set aside, and the appeal was allowed, affirming the increase in value based on contemporaneous imports. en-us Mon, 20 Oct 2008 00:00:00 +0530 Fri, 19 Oct 2012 14:59:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125097 The Tribunal upheld the enhancement of the assessable value of imported goods to US $ 2200 per metric ton CIF, rejecting the importer's claim of a special discount negotiated with the foreign supplier. The Tribunal emphasized that the special discount was not admissible under Section 14(1) of the Customs Act, 1962, citing precedent. The impugned order was set aside, and the appeal was allowed, affirming the increase in value based on contemporaneous imports. Case-Laws Customs Mon, 20 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125097