https://www.taxtmi.com/caselaws?id=283789 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellants, a company importing multimedia projectors from Singapore, after finding no merit in undervaluation allegations and penalties imposed by the Commissioner. The tribunal emphasized that warranty costs should not be added to the value if not incurred by the shipper abroad and that comparisons between imports with and without warranty were not valid. Additionally, the tribunal considered the commercial significance of warranties in the sale supply chain and referenced a previous order where undervaluation charges were not upheld. Ultimately, the tribunal set aside the original order, allowing the appeals in favor of the appellants. en-us Wed, 25 May 2005 00:00:00 +0530 Fri, 11 Oct 2019 17:42:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283789 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellants, a company importing multimedia projectors from Singapore, after finding no merit in undervaluation allegations and penalties imposed by the Commissioner. The tribunal emphasized that warranty costs should not be added to the value if not incurred by the shipper abroad and that comparisons between imports with and without warranty were not valid. Additionally, the tribunal considered the commercial significance of warranties in the sale supply chain and referenced a previous order where undervaluation charges were not upheld. Ultimately, the tribunal set aside the original order, allowing the appeals in favor of the appellants. Case-Laws Customs Wed, 25 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283789