https://www.taxtmi.com/caselaws?id=2960 The Tribunal set aside the Commissioner of Customs' decision to reject the declared transaction value for Zanzibar cloves, enhance the value, confiscate goods, and impose penalties. The Tribunal found the Commissioner's reliance on non-contemporaneous imports and the appellant's retracted statement to be unjustified. Emphasizing the perishable nature of goods and legal precedents, the Tribunal ruled in favor of the appellants, allowing the appeal and ending the legal proceedings in their favor. en-us Fri, 28 Sep 2007 00:00:00 +0530 Wed, 16 Apr 2008 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2960 The Tribunal set aside the Commissioner of Customs' decision to reject the declared transaction value for Zanzibar cloves, enhance the value, confiscate goods, and impose penalties. The Tribunal found the Commissioner's reliance on non-contemporaneous imports and the appellant's retracted statement to be unjustified. Emphasizing the perishable nature of goods and legal precedents, the Tribunal ruled in favor of the appellants, allowing the appeal and ending the legal proceedings in their favor. Case-Laws Customs Fri, 28 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2960