https://www.taxtmi.com/caselaws?id=268281 The Tribunal set aside the impugned order and allowed the appeal in favor of the appellant. The decision emphasized the importance of authentic and contemporaneous evidence in determining the assessable value of imported goods. It was held that the burden of proving undervaluation rested on the Revenue, requiring them to demonstrate that the transaction value was not reflective of the actual sale value. In this case, the Tribunal found the unsigned and unauthenticated document retrieved during the search operation insufficient to enhance the value of the imported goods, ultimately upholding the transaction value declared by the appellant as the assessable value. en-us Wed, 21 Oct 2015 00:00:00 +0530 Wed, 04 May 2016 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268281 The Tribunal set aside the impugned order and allowed the appeal in favor of the appellant. The decision emphasized the importance of authentic and contemporaneous evidence in determining the assessable value of imported goods. It was held that the burden of proving undervaluation rested on the Revenue, requiring them to demonstrate that the transaction value was not reflective of the actual sale value. In this case, the Tribunal found the unsigned and unauthenticated document retrieved during the search operation insufficient to enhance the value of the imported goods, ultimately upholding the transaction value declared by the appellant as the assessable value. Case-Laws Customs Wed, 21 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268281