https://www.taxtmi.com/caselaws?id=400330 The Tribunal remanded the case for de novo adjudication, emphasizing the proper application of Customs Valuation Rules. It found that the original authority failed to correctly consider contemporaneous imports and assess the similarity of goods. The judgment stressed the need for accurate valuation based on Rule 5 and rejected the argument for transaction value over NIDB data value. The appellant's right to a personal hearing was upheld, underscoring the importance of procedural fairness in customs valuation cases. en-us Fri, 14 Feb 2020 00:00:00 +0530 Thu, 27 May 2021 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400330 The Tribunal remanded the case for de novo adjudication, emphasizing the proper application of Customs Valuation Rules. It found that the original authority failed to correctly consider contemporaneous imports and assess the similarity of goods. The judgment stressed the need for accurate valuation based on Rule 5 and rejected the argument for transaction value over NIDB data value. The appellant's right to a personal hearing was upheld, underscoring the importance of procedural fairness in customs valuation cases. Case-Laws Customs Fri, 14 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400330