https://www.taxtmi.com/caselaws?id=417347 The Tribunal set aside the Commissioner's order, accepting the declared value of the barge as the transaction value. The appeals were allowed, and the penalties imposed on the appellant and the Managing Director were overturned. The Tribunal highlighted the importance of cross-examination and the reliability of the initial valuation report, emphasizing the need for procedural fairness in customs valuation disputes. en-us Tue, 18 Jan 2022 00:00:00 +0530 Thu, 20 Jan 2022 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417347 The Tribunal set aside the Commissioner's order, accepting the declared value of the barge as the transaction value. The appeals were allowed, and the penalties imposed on the appellant and the Managing Director were overturned. The Tribunal highlighted the importance of cross-examination and the reliability of the initial valuation report, emphasizing the need for procedural fairness in customs valuation disputes. Case-Laws Customs Tue, 18 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417347