https://www.taxtmi.com/caselaws?id=152389 The Appellate Tribunal CESTAT NEW DELHI dismissed the department's appeal, affirming the decision of the Commissioner (Appeals) regarding the enhancement of the value of imported used monitors. The Tribunal found that the department failed to provide evidence supporting the increased value and noted the lack of documentation or technical reports to justify the valuation. As the declared value of US$ 3 per piece was accepted, the reduction in redemption fine and penalty by the Commissioner (Appeals) was upheld as reasonable. The Tribunal rejected the claim for enhancement of the value, leading to the dismissal of the department's appeal. en-us Tue, 27 Oct 2009 00:00:00 +0530 Tue, 02 Jul 2013 15:25:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152389 The Appellate Tribunal CESTAT NEW DELHI dismissed the department's appeal, affirming the decision of the Commissioner (Appeals) regarding the enhancement of the value of imported used monitors. The Tribunal found that the department failed to provide evidence supporting the increased value and noted the lack of documentation or technical reports to justify the valuation. As the declared value of US$ 3 per piece was accepted, the reduction in redemption fine and penalty by the Commissioner (Appeals) was upheld as reasonable. The Tribunal rejected the claim for enhancement of the value, leading to the dismissal of the department's appeal. Case-Laws Customs Tue, 27 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152389