https://www.taxtmi.com/caselaws?id=284179 The Appellate Tribunal CESTAT ALLAHABAD ruled in favor of the appellant regarding the assessable value of imported Aluminium Waste and Scrap. The Tribunal held that Circulars issued by the Directorate General of Valuation cannot be used to enhance assessable value without proper evidence. Emphasizing the need for examination of evidence, the Tribunal set aside the disputed orders and granted relief to the appellant, affirming that assessable value should be determined based on the actual price paid, in accordance with the Customs Act, 1962. en-us Fri, 05 Jan 2018 00:00:00 +0530 Wed, 06 Nov 2019 08:26:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284179 The Appellate Tribunal CESTAT ALLAHABAD ruled in favor of the appellant regarding the assessable value of imported Aluminium Waste and Scrap. The Tribunal held that Circulars issued by the Directorate General of Valuation cannot be used to enhance assessable value without proper evidence. Emphasizing the need for examination of evidence, the Tribunal set aside the disputed orders and granted relief to the appellant, affirming that assessable value should be determined based on the actual price paid, in accordance with the Customs Act, 1962. Case-Laws Customs Fri, 05 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284179