https://www.taxtmi.com/caselaws?id=242955 The Appellate Tribunal rejected the Revenue's appeal against the order of the Commissioner (Appeals) that enhanced the value of imported rough marble blocks. The Tribunal found that the Assistant Commissioner did not provide reasons for the enhancement and rejected the transaction value without sufficient evidence. It emphasized that transaction value should be accepted unless proven incorrect or influenced by a special relationship. The Tribunal dismissed the Revenue's reliance on NIDB data for enhancement, stating that such data must prove the transaction value incorrect based on matching criteria, which was not met. Consequently, the Tribunal upheld the decision to reject the Revenue's plea for value enhancement. en-us Wed, 14 Mar 2012 00:00:00 +0530 Fri, 24 Jan 2014 09:52:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242955 The Appellate Tribunal rejected the Revenue's appeal against the order of the Commissioner (Appeals) that enhanced the value of imported rough marble blocks. The Tribunal found that the Assistant Commissioner did not provide reasons for the enhancement and rejected the transaction value without sufficient evidence. It emphasized that transaction value should be accepted unless proven incorrect or influenced by a special relationship. The Tribunal dismissed the Revenue's reliance on NIDB data for enhancement, stating that such data must prove the transaction value incorrect based on matching criteria, which was not met. Consequently, the Tribunal upheld the decision to reject the Revenue's plea for value enhancement. Case-Laws Customs Wed, 14 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242955