https://www.taxtmi.com/caselaws?id=300646 The High Court dismissed the Revenue's appeal under Section 35G of the Central Excise Act, 1944 against the CESTAT order. The appeal questioned the justification of the CESTAT order to enhance the value of imported goods based on a previous transaction. The High Court found no evidence provided by the Revenue to prove wrongdoing in the valuation of goods, emphasizing the need for material evidence before rejecting valuation. As there was no material suggesting perversity in the Tribunal's order, the appeal was dismissed. en-us Tue, 07 Sep 2021 00:00:00 +0530 Thu, 17 Feb 2022 07:42:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300646 The High Court dismissed the Revenue's appeal under Section 35G of the Central Excise Act, 1944 against the CESTAT order. The appeal questioned the justification of the CESTAT order to enhance the value of imported goods based on a previous transaction. The High Court found no evidence provided by the Revenue to prove wrongdoing in the valuation of goods, emphasizing the need for material evidence before rejecting valuation. As there was no material suggesting perversity in the Tribunal's order, the appeal was dismissed. Case-Laws Customs Tue, 07 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300646