https://www.taxtmi.com/caselaws?id=342072 The appellant imported goods, facing under-valuation suspicions by Revenue. The appellant agreed to pay duty based on Revenue's value proposal pending adjudication. Revenue sought to enhance the value significantly, leading to the appeal. The adjudicating authority rejected the transaction value due to alleged tax avoidance and discrepancies. However, the Tribunal overturned this decision, emphasizing Revenue's failure to provide tangible evidence. The appellant's presentation of contemporaneous imports and challenges to Revenue's backward calculations were crucial in setting aside the impugned order and allowing the appeal. en-us Fri, 21 Apr 2017 00:00:00 +0530 Mon, 05 Feb 2018 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342072 The appellant imported goods, facing under-valuation suspicions by Revenue. The appellant agreed to pay duty based on Revenue's value proposal pending adjudication. Revenue sought to enhance the value significantly, leading to the appeal. The adjudicating authority rejected the transaction value due to alleged tax avoidance and discrepancies. However, the Tribunal overturned this decision, emphasizing Revenue's failure to provide tangible evidence. The appellant's presentation of contemporaneous imports and challenges to Revenue's backward calculations were crucial in setting aside the impugned order and allowing the appeal. Case-Laws Customs Fri, 21 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342072