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    <title>2014 (5) TMI 677 - CESTAT BANGALORE</title>
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    <description>The appeal was filed against the rejection of the order-in-original related to the finalization of provisional assessment due to a dispute about the assessable value of imported goods based on the US list price. The Commissioner adopted undervaluation for subsequent imports from 11.5.2007 to 31.3.2008, leading to a demand of Rs.19,85,21,756 in differential duty. The Tribunal found a violation of natural justice principles as no personal hearing was granted to the appellants, leading to the setting aside of the impugned order and remanding the matter for fresh consideration with adherence to principles of natural justice and the law.</description>
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      <link>https://www.taxtmi.com/caselaws?id=247750</link>
      <description>The appeal was filed against the rejection of the order-in-original related to the finalization of provisional assessment due to a dispute about the assessable value of imported goods based on the US list price. The Commissioner adopted undervaluation for subsequent imports from 11.5.2007 to 31.3.2008, leading to a demand of Rs.19,85,21,756 in differential duty. The Tribunal found a violation of natural justice principles as no personal hearing was granted to the appellants, leading to the setting aside of the impugned order and remanding the matter for fresh consideration with adherence to principles of natural justice and the law.</description>
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