https://www.taxtmi.com/caselaws?id=396050 The Tribunal allowed the appeal, setting aside the impugned order and ruling in favor of the appellant. The rejection of the declared value, confiscation of goods, demand of differential duty, and imposition of penalty were all deemed unsustainable due to lack of evidence and arbitrary decision-making by the adjudicating authority. The Tribunal emphasized adherence to principles of natural justice and the requirement of providing concrete reasons for rejecting transaction values. en-us Fri, 12 Jun 2020 00:00:00 +0530 Tue, 27 Jul 2021 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396050 The Tribunal allowed the appeal, setting aside the impugned order and ruling in favor of the appellant. The rejection of the declared value, confiscation of goods, demand of differential duty, and imposition of penalty were all deemed unsustainable due to lack of evidence and arbitrary decision-making by the adjudicating authority. The Tribunal emphasized adherence to principles of natural justice and the requirement of providing concrete reasons for rejecting transaction values. Case-Laws Customs Fri, 12 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396050