https://www.taxtmi.com/caselaws?id=288287 The Appellate Tribunal CESTAT ALLAHABAD set aside the enhancement of the declared value of imported Aluminum Scrap 'Talk' from USD 2250 to USD 3400 CIF PMT by the Revenue. The Tribunal found the enhancement unsustainable as the Revenue failed to reject the transaction value with evidence and deemed the reliance on NIDB data unreliable. Consequently, all appeals were allowed, granting consequential relief to the appellant, emphasizing adherence to legal principles and evidentiary requirements in customs valuation. en-us Tue, 09 Apr 2019 00:00:00 +0530 Thu, 14 Nov 2024 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288287 The Appellate Tribunal CESTAT ALLAHABAD set aside the enhancement of the declared value of imported Aluminum Scrap 'Talk' from USD 2250 to USD 3400 CIF PMT by the Revenue. The Tribunal found the enhancement unsustainable as the Revenue failed to reject the transaction value with evidence and deemed the reliance on NIDB data unreliable. Consequently, all appeals were allowed, granting consequential relief to the appellant, emphasizing adherence to legal principles and evidentiary requirements in customs valuation. Case-Laws Customs Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288287