https://www.taxtmi.com/caselaws?id=211994 The court held that norms set by the Commissioner of Customs, Nhava Sheva, cannot be mechanically applied without considering genuine transaction values or statutory requirements. It emphasized its role in ensuring compliance with statutory provisions rather than determining valuation in individual cases. The court quashed the orders and remanded the matter for a fresh assessment, directing the Assessing Officer to adhere to statutory provisions for valuation instead of solely relying on the norms set by the Commissioner of Customs, Nhava Sheva. en-us Wed, 01 Dec 2010 00:00:00 +0530 Fri, 01 Apr 2016 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211994 The court held that norms set by the Commissioner of Customs, Nhava Sheva, cannot be mechanically applied without considering genuine transaction values or statutory requirements. It emphasized its role in ensuring compliance with statutory provisions rather than determining valuation in individual cases. The court quashed the orders and remanded the matter for a fresh assessment, directing the Assessing Officer to adhere to statutory provisions for valuation instead of solely relying on the norms set by the Commissioner of Customs, Nhava Sheva. Case-Laws Customs Wed, 01 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211994