https://www.taxtmi.com/caselaws?id=242309 The Revenue's appeal against the Order-in-Appeal was dismissed by the Appellate Tribunal CESTAT Mumbai. The tribunal upheld the transaction value declared by the respondent for imported goods, stating that the value cannot be enhanced based on supplier quotations. Trade discounts are acceptable in international trade, and there was no evidence of undervaluation. en-us Wed, 03 Aug 2011 00:00:00 +0530 Mon, 13 Jan 2014 09:49:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242309 The Revenue's appeal against the Order-in-Appeal was dismissed by the Appellate Tribunal CESTAT Mumbai. The tribunal upheld the transaction value declared by the respondent for imported goods, stating that the value cannot be enhanced based on supplier quotations. Trade discounts are acceptable in international trade, and there was no evidence of undervaluation. Case-Laws Customs Wed, 03 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242309