https://www.taxtmi.com/caselaws?id=3990 The Appellate Tribunal CESTAT MUMBAI upheld the decision of the Commissioner of Customs to reject allegations of undervaluation and suppression of genuine transaction value in the import of the broodmare "Final Bluff." The Tribunal found the evidence presented by the Revenue insufficient to prove underinvoicing, including discrepancies in invoice dates and payments. Additionally, attempts to establish undervaluation based on other imports were dismissed due to lack of evidence linking them to the specific transaction in question. The Tribunal affirmed the Commissioner's order and dismissed the appeal, concluding the case. en-us Wed, 09 Jan 2008 00:00:00 +0530 Wed, 14 May 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3990 The Appellate Tribunal CESTAT MUMBAI upheld the decision of the Commissioner of Customs to reject allegations of undervaluation and suppression of genuine transaction value in the import of the broodmare "Final Bluff." The Tribunal found the evidence presented by the Revenue insufficient to prove underinvoicing, including discrepancies in invoice dates and payments. Additionally, attempts to establish undervaluation based on other imports were dismissed due to lack of evidence linking them to the specific transaction in question. The Tribunal affirmed the Commissioner's order and dismissed the appeal, concluding the case. Case-Laws Customs Wed, 09 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3990