https://www.taxtmi.com/caselaws?id=233964 The Tribunal upheld the Commissioner (Appeals) decision in favor of the respondents regarding the assessable value of imported fabric. The Revenue's appeal was rejected as they failed to provide sufficient evidence to support their rejection of the transaction value. The Tribunal emphasized the necessity of clear and cogent evidence to dispute transaction value, highlighting the importance of considering contemporaneous imports and not relying solely on NIDB data for enhancing assessable value. en-us Fri, 30 Mar 2012 00:00:00 +0530 Thu, 23 May 2013 09:53:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233964 The Tribunal upheld the Commissioner (Appeals) decision in favor of the respondents regarding the assessable value of imported fabric. The Revenue's appeal was rejected as they failed to provide sufficient evidence to support their rejection of the transaction value. The Tribunal emphasized the necessity of clear and cogent evidence to dispute transaction value, highlighting the importance of considering contemporaneous imports and not relying solely on NIDB data for enhancing assessable value. Case-Laws Customs Fri, 30 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233964