https://www.taxtmi.com/caselaws?id=367422 The Tribunal, in a case concerning the valuation of imported goods based on NIDB data, ruled in favor of the appellant. It held that reliance on NIDB data for value enhancement without verifying its relevance to declared values is unjustified. The Tribunal emphasized the importance of accurate comparisons in valuation disputes and set aside the impugned orders, allowing the appeals. Additionally, discrepancies in comparing different types of yarn and the rejection of declared value under Rule 12 of Customs Valuation Rules were also addressed, with the Tribunal ruling in favor of the appellant in both instances. en-us Thu, 12 Jul 2018 00:00:00 +0530 Thu, 20 Sep 2018 08:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367422 The Tribunal, in a case concerning the valuation of imported goods based on NIDB data, ruled in favor of the appellant. It held that reliance on NIDB data for value enhancement without verifying its relevance to declared values is unjustified. The Tribunal emphasized the importance of accurate comparisons in valuation disputes and set aside the impugned orders, allowing the appeals. Additionally, discrepancies in comparing different types of yarn and the rejection of declared value under Rule 12 of Customs Valuation Rules were also addressed, with the Tribunal ruling in favor of the appellant in both instances. Case-Laws Customs Thu, 12 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367422