https://www.taxtmi.com/caselaws?id=338195 The Appellate Tribunal CESTAT CHENNAI upheld the Customs authorities' determination of a higher assessable value due to misdeclaration of value in import. Despite the appellant's failure to provide sufficient evidence to support the declared value, the Tribunal dismissed the appeal, emphasizing the burden of proof on the appellant and the importance of transparency and cooperation in customs matters. The judgment highlighted the necessity of providing documentary evidence to substantiate declared values and the consequences of failing to do so in customs adjudication. en-us Thu, 27 Oct 2016 00:00:00 +0530 Sat, 28 Jan 2017 07:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338195 The Appellate Tribunal CESTAT CHENNAI upheld the Customs authorities' determination of a higher assessable value due to misdeclaration of value in import. Despite the appellant's failure to provide sufficient evidence to support the declared value, the Tribunal dismissed the appeal, emphasizing the burden of proof on the appellant and the importance of transparency and cooperation in customs matters. The judgment highlighted the necessity of providing documentary evidence to substantiate declared values and the consequences of failing to do so in customs adjudication. Case-Laws Customs Thu, 27 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338195