https://www.taxtmi.com/caselaws?id=286344 The Tribunal upheld the Commissioner (Appeals)'s decision to set aside the assessment orders regarding the imported "Aluminium Scrap" under the DEEC Scheme. Revenue's appeal was dismissed due to the lack of a speaking order by the assessing officer during the value enhancement process, which was deemed legally unsustainable. The Tribunal emphasized the importance of considering factors like the substantial quantity imported under contract and the absence of contemporaneous import data supporting higher values in reassessing the Bills of Entry. Compliance with Section 17(5) of the Customs Act was crucial in determining transaction values, leading to the dismissal of Revenue's appeal. en-us Wed, 08 Aug 2018 00:00:00 +0530 Sat, 22 Feb 2020 10:12:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286344 The Tribunal upheld the Commissioner (Appeals)'s decision to set aside the assessment orders regarding the imported "Aluminium Scrap" under the DEEC Scheme. Revenue's appeal was dismissed due to the lack of a speaking order by the assessing officer during the value enhancement process, which was deemed legally unsustainable. The Tribunal emphasized the importance of considering factors like the substantial quantity imported under contract and the absence of contemporaneous import data supporting higher values in reassessing the Bills of Entry. Compliance with Section 17(5) of the Customs Act was crucial in determining transaction values, leading to the dismissal of Revenue's appeal. Case-Laws Customs Wed, 08 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286344