https://www.taxtmi.com/caselaws?id=278291 The Tribunal ruled in favor of the appellant in the case concerning the valuation of imported Prim Hot Roll Coils. The Tribunal found that the lower authorities erred in equating HR Coils with HR Plates for value enhancement and noted discrepancies in declared values. The Tribunal concluded that the rejection of the declared value and its enhancement were not legally sustainable, setting aside the impugned order and allowing the appeal with necessary relief. The decision underscores the significance of accurately assessing declared values of imported goods and the requirement for substantial evidence to support any value adjustments. en-us Mon, 16 Jul 2018 00:00:00 +0530 Wed, 23 Jan 2019 07:35:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278291 The Tribunal ruled in favor of the appellant in the case concerning the valuation of imported Prim Hot Roll Coils. The Tribunal found that the lower authorities erred in equating HR Coils with HR Plates for value enhancement and noted discrepancies in declared values. The Tribunal concluded that the rejection of the declared value and its enhancement were not legally sustainable, setting aside the impugned order and allowing the appeal with necessary relief. The decision underscores the significance of accurately assessing declared values of imported goods and the requirement for substantial evidence to support any value adjustments. Case-Laws Customs Mon, 16 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278291