https://www.taxtmi.com/caselaws?id=265488 The Tribunal ruled in favor of the respondent-company, allowing the appeal and confirming their entitlement to exemption benefits. Despite allegations of overvaluation and evasion of customs duty, the Tribunal emphasized the fairness of the declared value based on expert opinion. The respondent's claim of exemption benefits was upheld, supported by the acknowledgment of the goods falling within the definition of 'computer software.' The Supreme Court upheld the Tribunal's decision, dismissing the appeal and affirming the declared value of the imported goods as legitimate. en-us Thu, 01 Oct 2015 00:00:00 +0530 Wed, 20 Jan 2016 06:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265488 The Tribunal ruled in favor of the respondent-company, allowing the appeal and confirming their entitlement to exemption benefits. Despite allegations of overvaluation and evasion of customs duty, the Tribunal emphasized the fairness of the declared value based on expert opinion. The respondent's claim of exemption benefits was upheld, supported by the acknowledgment of the goods falling within the definition of 'computer software.' The Supreme Court upheld the Tribunal's decision, dismissing the appeal and affirming the declared value of the imported goods as legitimate. Case-Laws Customs Thu, 01 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265488