https://www.taxtmi.com/caselaws?id=350210 The Tribunal set aside the impugned orders and allowed both appeals, providing consequential relief. It emphasized the importance of transaction value unless proven incorrect with tangible evidence, noting the lack of evidence from the Revenue to dispute the declared value. The Tribunal highlighted that clearing goods at an enhanced value does not waive the right to challenge valuation, citing precedents supporting the right to appeal despite accepting enhanced values for clearance. Furthermore, it upheld the transaction value as the correct assessable value due to the absence of evidence proving any underhand consideration to the supplier. en-us Tue, 31 Oct 2017 00:00:00 +0530 Thu, 28 Feb 2019 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350210 The Tribunal set aside the impugned orders and allowed both appeals, providing consequential relief. It emphasized the importance of transaction value unless proven incorrect with tangible evidence, noting the lack of evidence from the Revenue to dispute the declared value. The Tribunal highlighted that clearing goods at an enhanced value does not waive the right to challenge valuation, citing precedents supporting the right to appeal despite accepting enhanced values for clearance. Furthermore, it upheld the transaction value as the correct assessable value due to the absence of evidence proving any underhand consideration to the supplier. Case-Laws Central Excise Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350210