https://www.taxtmi.com/caselaws?id=221890 On re-import of rejected and defective exported goods, ordinary valuation rules for first-time imports could not be mechanically applied to adopt the original export transaction value as the assessable value. The relevant consideration was the nature of the re-imported goods and whether the declared value was shown to be incorrect. As the Revenue produced no evidence that the re-import value was understated or that a higher value was warranted, the assessable value accepted by the appellate authority was upheld and the Revenue's objection was rejected. en-us Wed, 29 Aug 2012 00:00:00 +0530 Thu, 04 Apr 2013 22:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221890 On re-import of rejected and defective exported goods, ordinary valuation rules for first-time imports could not be mechanically applied to adopt the original export transaction value as the assessable value. The relevant consideration was the nature of the re-imported goods and whether the declared value was shown to be incorrect. As the Revenue produced no evidence that the re-import value was understated or that a higher value was warranted, the assessable value accepted by the appellate authority was upheld and the Revenue's objection was rejected. Case-Laws Customs Wed, 29 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221890