https://www.taxtmi.com/caselaws?id=241216 The Tribunal upheld the valuation of imported ball bearings at US $ 1.60 per kg, based on guidelines issued by the Commissioner of Customs (Imports), Mumbai. The appellant's challenge, valuing the goods on a piece-wise basis, was dismissed as the Revenue assessed them on a per kilogram basis in line with the guidelines. The Tribunal found the guidelines legally sound, emphasizing consistency in valuation rates for similar imports from China and the need to prevent under-valuation, ultimately rejecting the appeal. en-us Thu, 25 Aug 2011 00:00:00 +0530 Thu, 19 Dec 2013 06:09:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241216 The Tribunal upheld the valuation of imported ball bearings at US $ 1.60 per kg, based on guidelines issued by the Commissioner of Customs (Imports), Mumbai. The appellant's challenge, valuing the goods on a piece-wise basis, was dismissed as the Revenue assessed them on a per kilogram basis in line with the guidelines. The Tribunal found the guidelines legally sound, emphasizing consistency in valuation rates for similar imports from China and the need to prevent under-valuation, ultimately rejecting the appeal. Case-Laws Customs Thu, 25 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241216