https://www.taxtmi.com/caselaws?id=397609 The Tribunal dismissed the Revenue's appeals, deeming the rejection of transaction value arbitrary and in violation of Customs Act provisions. They upheld the restoration of the declared value, citing minimal variation in Nickel content as normal. The penalty imposition was rejected, with the respondent entitled to consequential benefits. The stay applications were disposed of accordingly. en-us Mon, 17 Aug 2020 00:00:00 +0530 Mon, 24 Aug 2020 11:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397609 The Tribunal dismissed the Revenue's appeals, deeming the rejection of transaction value arbitrary and in violation of Customs Act provisions. They upheld the restoration of the declared value, citing minimal variation in Nickel content as normal. The penalty imposition was rejected, with the respondent entitled to consequential benefits. The stay applications were disposed of accordingly. Case-Laws Customs Mon, 17 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397609