https://www.taxtmi.com/caselaws?id=270040 The Tribunal upheld the rejection of declared transaction values and the determination of value under Rule 8, based on manufacturer's price lists. The demand for differential duty and interest, as well as penalties on two firms and Shri Nitin Shah, were upheld. The Tribunal stressed accurate declarations and adherence to valuation rules for proper customs duty assessment. en-us Tue, 03 Nov 2015 00:00:00 +0530 Mon, 28 Dec 2015 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270040 The Tribunal upheld the rejection of declared transaction values and the determination of value under Rule 8, based on manufacturer's price lists. The demand for differential duty and interest, as well as penalties on two firms and Shri Nitin Shah, were upheld. The Tribunal stressed accurate declarations and adherence to valuation rules for proper customs duty assessment. Case-Laws Customs Tue, 03 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270040