https://www.taxtmi.com/caselaws?id=425571 The Tribunal allowed the appeals in a case concerning the valuation of imported betel nuts, confiscation of goods, and consequential duty demand. The rejection of the transaction value and its re-determination under Rule 5 were deemed unjustified due to lack of evidence and procedural lapses. The authorities failed to adhere to procedural requirements and provide sufficient reasoning. Consequently, the orders by the Original and Appellate Authorities were set aside, and the appeals were allowed with consequential reliefs. en-us Tue, 12 Jul 2022 00:00:00 +0530 Tue, 26 Jul 2022 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425571 The Tribunal allowed the appeals in a case concerning the valuation of imported betel nuts, confiscation of goods, and consequential duty demand. The rejection of the transaction value and its re-determination under Rule 5 were deemed unjustified due to lack of evidence and procedural lapses. The authorities failed to adhere to procedural requirements and provide sufficient reasoning. Consequently, the orders by the Original and Appellate Authorities were set aside, and the appeals were allowed with consequential reliefs. Case-Laws Customs Tue, 12 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425571