https://www.taxtmi.com/caselaws?id=384243 The Tribunal ruled in favor of the appellant, holding that the declared unit price of imported goods cannot be enhanced based solely on NIDB data without evidence of incorrect transaction value. The Tribunal emphasized that a mere difference in values does not justify rejecting the declared value under Rule 12 of the Customs Valuation Rules unless there is a valid reason to doubt its accuracy. Consequently, the Tribunal set aside the decision to enhance the price and allowed the appeal, providing relief to the appellant. en-us Thu, 01 Aug 2019 00:00:00 +0530 Mon, 02 Mar 2020 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384243 The Tribunal ruled in favor of the appellant, holding that the declared unit price of imported goods cannot be enhanced based solely on NIDB data without evidence of incorrect transaction value. The Tribunal emphasized that a mere difference in values does not justify rejecting the declared value under Rule 12 of the Customs Valuation Rules unless there is a valid reason to doubt its accuracy. Consequently, the Tribunal set aside the decision to enhance the price and allowed the appeal, providing relief to the appellant. Case-Laws Customs Thu, 01 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384243