https://www.taxtmi.com/caselaws?id=331445 The Tribunal dismissed Revenue's appeals against the Commissioner (Appeals) decision to set aside the enhancement of value for imported polyester knitted fabrics. The Tribunal held that the importer's acceptance of the enhanced value at clearance did not waive their right to appeal. It emphasized the need for supporting evidence to reject transaction value based on general alerts, highlighting the insufficiency of solely relying on alerts without concrete evidence. The judgment clarified the importer's right to appeal and underscored the importance of evidence in assessing imported goods' value. en-us Wed, 27 Jul 2016 00:00:00 +0530 Tue, 23 Aug 2016 15:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331445 The Tribunal dismissed Revenue's appeals against the Commissioner (Appeals) decision to set aside the enhancement of value for imported polyester knitted fabrics. The Tribunal held that the importer's acceptance of the enhanced value at clearance did not waive their right to appeal. It emphasized the need for supporting evidence to reject transaction value based on general alerts, highlighting the insufficiency of solely relying on alerts without concrete evidence. The judgment clarified the importer's right to appeal and underscored the importance of evidence in assessing imported goods' value. Case-Laws Customs Wed, 27 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331445