https://www.taxtmi.com/caselaws?id=243690 Declared transaction value for imported PU coated fabrics was considered rejectable where contemporaneous import instances, NIDB data and Mumbai Customs House guidance supported a higher assessable value. The majority found sufficient comparable evidence to justify enhancement, also noting that the importer accepted the reassessment and paid duty without protest. The dissent considered that the Revenue had not shown an adequate basis to discard the transaction value and that enhancement was not properly supported on the record. en-us Mon, 11 Nov 2013 00:00:00 +0530 Fri, 25 Apr 2014 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243690 Declared transaction value for imported PU coated fabrics was considered rejectable where contemporaneous import instances, NIDB data and Mumbai Customs House guidance supported a higher assessable value. The majority found sufficient comparable evidence to justify enhancement, also noting that the importer accepted the reassessment and paid duty without protest. The dissent considered that the Revenue had not shown an adequate basis to discard the transaction value and that enhancement was not properly supported on the record. Case-Laws Customs Mon, 11 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243690