https://www.taxtmi.com/caselaws?id=336790 The Tribunal allowed the appeal, setting aside the impugned order that confirmed demands and penalties for undervaluation of imported goods. It upheld the transaction value accepted for assessment and duty discharge, emphasizing the validity of considering goods as part of a mixed lot purchased as stock lot from a trader. The Tribunal rejected the application of manufacturer's price lists and relied on precedents supporting the acceptance of transaction value for stock lots, ultimately emphasizing the importance of evaluating the nature of imported goods for appropriate valuation methods. en-us Fri, 02 Dec 2016 00:00:00 +0530 Tue, 30 Jan 2018 16:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336790 The Tribunal allowed the appeal, setting aside the impugned order that confirmed demands and penalties for undervaluation of imported goods. It upheld the transaction value accepted for assessment and duty discharge, emphasizing the validity of considering goods as part of a mixed lot purchased as stock lot from a trader. The Tribunal rejected the application of manufacturer's price lists and relied on precedents supporting the acceptance of transaction value for stock lots, ultimately emphasizing the importance of evaluating the nature of imported goods for appropriate valuation methods. Case-Laws Customs Fri, 02 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336790