https://www.taxtmi.com/caselaws?id=125988 In a customs duty dispute on MRP-based valuation, the Tribunal assessed the waiver request on a prima facie basis and noted that the assessee had accepted a FIFO method requiring bill of entry-wise correlation. It also recorded material suggesting possible misdeclaration of the MRP shown in the bills of entry against the MRP used at sale, and found no demonstrated financial hardship. On that basis, the Tribunal held that complete waiver of pre-deposit was not warranted at that stage and directed a partial pre-deposit before recovery could be stayed. en-us Fri, 23 Jan 2009 00:00:00 +0530 Thu, 01 Nov 2012 11:28:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125988 In a customs duty dispute on MRP-based valuation, the Tribunal assessed the waiver request on a prima facie basis and noted that the assessee had accepted a FIFO method requiring bill of entry-wise correlation. It also recorded material suggesting possible misdeclaration of the MRP shown in the bills of entry against the MRP used at sale, and found no demonstrated financial hardship. On that basis, the Tribunal held that complete waiver of pre-deposit was not warranted at that stage and directed a partial pre-deposit before recovery could be stayed. Case-Laws Customs Fri, 23 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125988