https://www.taxtmi.com/caselaws?id=238649 The Appellate Tribunal CESTAT MUMBAI dismissed the Revenue's appeal and upheld the Commissioner (Appeals)'s decision in a case involving under-valuation of imported goods. The Tribunal emphasized the importance of factual documentation over presumptions, ruling that the introduction year of the model alone could not determine the actual manufacturing year. Lack of concrete evidence supporting the under-valuation allegations led to the dismissal of the Revenue's appeal, underscoring the need for thorough examination and substantiated claims in valuation disputes for fair and accurate assessments. en-us Wed, 07 Aug 2013 00:00:00 +0530 Sat, 26 Apr 2014 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238649 The Appellate Tribunal CESTAT MUMBAI dismissed the Revenue's appeal and upheld the Commissioner (Appeals)'s decision in a case involving under-valuation of imported goods. The Tribunal emphasized the importance of factual documentation over presumptions, ruling that the introduction year of the model alone could not determine the actual manufacturing year. Lack of concrete evidence supporting the under-valuation allegations led to the dismissal of the Revenue's appeal, underscoring the need for thorough examination and substantiated claims in valuation disputes for fair and accurate assessments. Case-Laws Customs Wed, 07 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238649