https://www.taxtmi.com/caselaws?id=247439 The Tribunal held that the assessable value of imported goods should consider all relevant expenses incurred by the importers, not just the selling prices. The lower authorities were found to have erred in solely relying on selling prices to determine the value. By accepting the breakdown of costs presented by the importers, the Tribunal set aside the previous decision and allowed the appeal, emphasizing the need to include all expenses in assessing the value of imported goods. en-us Tue, 11 Jun 2013 00:00:00 +0530 Mon, 12 May 2014 11:13:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247439 The Tribunal held that the assessable value of imported goods should consider all relevant expenses incurred by the importers, not just the selling prices. The lower authorities were found to have erred in solely relying on selling prices to determine the value. By accepting the breakdown of costs presented by the importers, the Tribunal set aside the previous decision and allowed the appeal, emphasizing the need to include all expenses in assessing the value of imported goods. Case-Laws Customs Tue, 11 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247439