https://www.taxtmi.com/caselaws?id=239524 The Tribunal ruled in favor of the respondent, holding that duty liability for exported goods should be calculated based on the transaction value as per the final invoice price, in line with Section 14 of the Customs Act, 1962. The decision emphasized the significance of considering the actual price paid for goods in determining duty liability and promoting fair trade practices. The Tribunal dismissed the Revenue's appeal and upheld the lower appellate authority's decision, concluding that the duty should be discharged based on the price realized by the respondent. en-us Tue, 18 Dec 2012 00:00:00 +0530 Fri, 15 Nov 2013 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239524 The Tribunal ruled in favor of the respondent, holding that duty liability for exported goods should be calculated based on the transaction value as per the final invoice price, in line with Section 14 of the Customs Act, 1962. The decision emphasized the significance of considering the actual price paid for goods in determining duty liability and promoting fair trade practices. The Tribunal dismissed the Revenue's appeal and upheld the lower appellate authority's decision, concluding that the duty should be discharged based on the price realized by the respondent. Case-Laws Customs Tue, 18 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239524