https://www.taxtmi.com/caselaws?id=350617 The Tribunal ruled in favor of the respondents, dismissing the Revenue's appeals. It held that the department's rejection of the transaction value lacked evidence, and reliance solely on NIDB data was insufficient to enhance the declared value. The Commissioner (Appeals) decision to set aside the value enhancement and demand for differential duty was upheld, emphasizing the necessity of concrete evidence over mere suspicion. en-us Mon, 06 Nov 2017 00:00:00 +0530 Fri, 02 Feb 2018 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350617 The Tribunal ruled in favor of the respondents, dismissing the Revenue's appeals. It held that the department's rejection of the transaction value lacked evidence, and reliance solely on NIDB data was insufficient to enhance the declared value. The Commissioner (Appeals) decision to set aside the value enhancement and demand for differential duty was upheld, emphasizing the necessity of concrete evidence over mere suspicion. Case-Laws Customs Mon, 06 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350617