https://www.taxtmi.com/caselaws?id=289973 The Tribunal upheld the Commissioner (Appeals) decision, dismissing the Revenue's appeal against the order setting aside the enhancement of the value of imported fabric. It was ruled that the transaction value should be the basis for assessment unless proven incorrect or influenced by external factors, emphasizing adherence to Customs Valuation Rules. The judgment underscores the significance of following established rules and precedents in customs valuation to maintain fairness and consistency in assessing imported goods. en-us Tue, 22 May 2018 00:00:00 +0530 Wed, 02 Sep 2020 00:23:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289973 The Tribunal upheld the Commissioner (Appeals) decision, dismissing the Revenue's appeal against the order setting aside the enhancement of the value of imported fabric. It was ruled that the transaction value should be the basis for assessment unless proven incorrect or influenced by external factors, emphasizing adherence to Customs Valuation Rules. The judgment underscores the significance of following established rules and precedents in customs valuation to maintain fairness and consistency in assessing imported goods. Case-Laws Customs Tue, 22 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289973