https://www.taxtmi.com/caselaws?id=358378 The Tribunal allowed the appeal in a case involving valuation of exported goods for duty drawback claim. Revenue failed to prove overvaluation, as the appellant received full payment and complied with regulations. Discrepancies in procurement invoices were dismissed due to lack of substantial evidence, and the show-cause notice for confiscation, penalty, and drawback restriction was set aside. The Tribunal emphasized the need for concrete evidence to establish overvaluation, criticized Revenue's reliance on market surveys without comparability, and granted relief to the appellant. en-us Wed, 14 Mar 2018 00:00:00 +0530 Sat, 02 Mar 2019 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358378 The Tribunal allowed the appeal in a case involving valuation of exported goods for duty drawback claim. Revenue failed to prove overvaluation, as the appellant received full payment and complied with regulations. Discrepancies in procurement invoices were dismissed due to lack of substantial evidence, and the show-cause notice for confiscation, penalty, and drawback restriction was set aside. The Tribunal emphasized the need for concrete evidence to establish overvaluation, criticized Revenue's reliance on market surveys without comparability, and granted relief to the appellant. Case-Laws Customs Wed, 14 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358378