https://www.taxtmi.com/caselaws?id=378153 The Appellate Tribunal upheld the decision of the First Appellate Authority, rejecting the Revenue's appeal and affirming the correctness of the order. The Tribunal found the Adjudicating Authority's revaluation method lacked support from export valuation rules and did not follow Customs Valuation Rules. Emphasizing the need for consistency and adherence to relevant rules, the Tribunal concluded that the declared price of US $138 per DMT should be considered unless proven otherwise, thus dismissing the Revenue's challenge. en-us Fri, 11 Jan 2019 00:00:00 +0530 Wed, 10 Apr 2019 06:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378153 The Appellate Tribunal upheld the decision of the First Appellate Authority, rejecting the Revenue's appeal and affirming the correctness of the order. The Tribunal found the Adjudicating Authority's revaluation method lacked support from export valuation rules and did not follow Customs Valuation Rules. Emphasizing the need for consistency and adherence to relevant rules, the Tribunal concluded that the declared price of US $138 per DMT should be considered unless proven otherwise, thus dismissing the Revenue's challenge. Case-Laws Customs Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378153