https://www.taxtmi.com/caselaws?id=248048 Transaction value could not be rejected on a mere comparison with alleged raw-material prices where the department failed to prove the source, nature, or relevance of that data, and produced no evidence of comparable imports or disclosed comparable wholesale sales; the enhanced valuation, duty demand, confiscation under Section 111(m), and related penalty were therefore unsustainable. Confiscation under Section 111(d) for non-declaration of MRP could not be finally sustained without a finding that the imported goods were pre-packaged commodities imported for retail sale; that issue was remitted for fresh adjudication on the limited factual question of MRP applicability. en-us Sat, 27 Jul 2013 00:00:00 +0530 Fri, 30 May 2014 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248048 Transaction value could not be rejected on a mere comparison with alleged raw-material prices where the department failed to prove the source, nature, or relevance of that data, and produced no evidence of comparable imports or disclosed comparable wholesale sales; the enhanced valuation, duty demand, confiscation under Section 111(m), and related penalty were therefore unsustainable. Confiscation under Section 111(d) for non-declaration of MRP could not be finally sustained without a finding that the imported goods were pre-packaged commodities imported for retail sale; that issue was remitted for fresh adjudication on the limited factual question of MRP applicability. Case-Laws Customs Sat, 27 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248048