https://www.taxtmi.com/caselaws?id=270531 The Supreme Court dismissed the appeal and upheld the declared value of USD 120 per metric tonne for imported soda ash light, as it aligned with prevailing market rates at the time of importation. The Commissioner's reliance on Customs Valuation Rules without considering Section 14(1) of the Customs Act was deemed erroneous, leading to the refund of any excess duty paid by the respondent. en-us Fri, 07 Aug 2015 00:00:00 +0530 Tue, 05 Jan 2016 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270531 The Supreme Court dismissed the appeal and upheld the declared value of USD 120 per metric tonne for imported soda ash light, as it aligned with prevailing market rates at the time of importation. The Commissioner's reliance on Customs Valuation Rules without considering Section 14(1) of the Customs Act was deemed erroneous, leading to the refund of any excess duty paid by the respondent. Case-Laws Customs Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270531