Court Rules Average Cost Process Insufficient for Undervaluation Claims; Actual Costs Must Be Evaluated for Each Consignment.

Court Rules Average Cost Process Insufficient for Undervaluation Claims; Actual Costs Must Be Evaluated for Each Consignment. https://www.taxtmi.com/highlights?id=15820 Undervaluation of goods or not – Profit accrued from transportation charges adopting average cost process is not determining factor while actual cost incurred in respect of each consignment under consideration needed testing to make an allegation of undervaluation. - AT en-us Fri, 15 Nov 2013 21:56:32 +0530 Fri, 15 Nov 2013 21:56:32 +0530 TaxTMI RSS Generator Court Rules Average Cost Process Insufficient for Undervaluation Claims; Actual Costs Must Be Evaluated for Each Consignment. https://www.taxtmi.com/highlights?id=15820 Undervaluation of goods or not – Profit accrued from transportation charges adopting average cost process is not determining factor while actual cost incurred in respect of each consignment under consideration needed testing to make an allegation of undervaluation. - AT Highlights Central Excise Fri, 15 Nov 2013 21:56:32 +0530 https://www.taxtmi.com/highlights?id=15820