https://www.taxtmi.com/caselaws?id=363991 The Tribunal set aside the Department's decision on assessable value determination and penalties, ruling in favor of the appellant due to lack of evidence to reject the transaction value and improper application of valuation rules. The judgment emphasized the importance of following sequential valuation rules and requiring concrete evidence before enhancing value, providing consequential relief to the appellant. en-us Tue, 17 Jul 2018 00:00:00 +0530 Sat, 21 Jul 2018 09:37:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363991 The Tribunal set aside the Department's decision on assessable value determination and penalties, ruling in favor of the appellant due to lack of evidence to reject the transaction value and improper application of valuation rules. The judgment emphasized the importance of following sequential valuation rules and requiring concrete evidence before enhancing value, providing consequential relief to the appellant. Case-Laws Customs Tue, 17 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363991