https://www.taxtmi.com/caselaws?id=330757 The Tribunal ruled in favor of the appellants in a dispute over the assessable value of imported printing machines. It criticized the rejection of the invoice value and reliance on internet search for valuation, emphasizing the lack of legal merit in the decision. The Tribunal highlighted the necessity of following legal provisions for valuation and dismissed the use of internet information for enhancing value. Ultimately, the Tribunal set aside the original order and allowed the appeal, emphasizing the importance of proper valuation methods in customs cases. en-us Fri, 29 Jul 2016 00:00:00 +0530 Wed, 04 Jan 2017 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330757 The Tribunal ruled in favor of the appellants in a dispute over the assessable value of imported printing machines. It criticized the rejection of the invoice value and reliance on internet search for valuation, emphasizing the lack of legal merit in the decision. The Tribunal highlighted the necessity of following legal provisions for valuation and dismissed the use of internet information for enhancing value. Ultimately, the Tribunal set aside the original order and allowed the appeal, emphasizing the importance of proper valuation methods in customs cases. Case-Laws Customs Fri, 29 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330757