https://www.taxtmi.com/caselaws?id=202420 The Appellate Tribunal CESTAT, CHENNAI upheld the valuation method used by the respondents for normal grade 'Amorphous Chips,' finding them broadly comparable to contemporaneously imported goods. The Tribunal also accepted a 10% lower valuation for sub-standard grade chips, as argued by the respondents. Consequently, the department's appeal challenging both valuations was deemed not maintainable and was rejected. The cross-objection filed by the respondents was also dismissed. The judgment provided a comprehensive resolution to the valuation issues raised in the case. en-us Wed, 04 Aug 2010 00:00:00 +0530 Tue, 01 Feb 2011 16:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202420 The Appellate Tribunal CESTAT, CHENNAI upheld the valuation method used by the respondents for normal grade 'Amorphous Chips,' finding them broadly comparable to contemporaneously imported goods. The Tribunal also accepted a 10% lower valuation for sub-standard grade chips, as argued by the respondents. Consequently, the department's appeal challenging both valuations was deemed not maintainable and was rejected. The cross-objection filed by the respondents was also dismissed. The judgment provided a comprehensive resolution to the valuation issues raised in the case. Case-Laws Central Excise Wed, 04 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202420