https://www.taxtmi.com/caselaws?id=193873 The Tribunal upheld the Commissioner's decision and rejected the Revenue's appeal regarding the enhancement of declared value of imported goods based on the European Public Ledger. The Tribunal emphasized the necessity of concrete evidence and specific pricing details, ruling that the transaction value cannot be rejected solely based on a public ledger without supporting evidence of contemporaneous imports at higher values. The Tribunal highlighted the importance of verifying prices for goods of identical quality, quantity, and origin, ultimately affirming the Commissioner's decision to set aside the value enhancement. en-us Thu, 13 Oct 2016 00:00:00 +0530 Mon, 21 Aug 2017 21:07:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193873 The Tribunal upheld the Commissioner's decision and rejected the Revenue's appeal regarding the enhancement of declared value of imported goods based on the European Public Ledger. The Tribunal emphasized the necessity of concrete evidence and specific pricing details, ruling that the transaction value cannot be rejected solely based on a public ledger without supporting evidence of contemporaneous imports at higher values. The Tribunal highlighted the importance of verifying prices for goods of identical quality, quantity, and origin, ultimately affirming the Commissioner's decision to set aside the value enhancement. Case-Laws Customs Thu, 13 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193873