https://www.taxtmi.com/caselaws?id=387065 The tribunal set aside the impugned order in the case involving M/s Voith Turbo Pvt Ltd, challenging customs duties and confiscation of goods under the Customs Act, 1962. The re-determination of the assessable value due to alleged undervaluation was contested. The tribunal found no evidence of undervaluation based on the relationship between the supplier and importer, emphasizing unique circumstances in each case. Discrepancies in the order and the impact of business operations on pricing led to the appeal's success, with the order being overturned and the appeal allowed. en-us Wed, 11 Sep 2019 00:00:00 +0530 Mon, 16 Mar 2020 12:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387065 The tribunal set aside the impugned order in the case involving M/s Voith Turbo Pvt Ltd, challenging customs duties and confiscation of goods under the Customs Act, 1962. The re-determination of the assessable value due to alleged undervaluation was contested. The tribunal found no evidence of undervaluation based on the relationship between the supplier and importer, emphasizing unique circumstances in each case. Discrepancies in the order and the impact of business operations on pricing led to the appeal's success, with the order being overturned and the appeal allowed. Case-Laws Customs Wed, 11 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387065