https://www.taxtmi.com/caselaws?id=30369 The Tribunal, in the case, ruled against allowing a reduction in assessable value claimed by the appellants due to discrepancies between the actual items in the ship and the original MOU. The Tribunal found that there was no substantial discrepancy upon receipt of the ship as per the terms of the first MOA. The precedent set in a previous case was applied, concluding that the revision of the assessable value based on the second MOU was unwarranted. As a result, the appeal was dismissed, and the cross-objection was also disposed of during the proceedings. en-us Fri, 02 May 2008 00:00:00 +0530 Sat, 23 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30369 The Tribunal, in the case, ruled against allowing a reduction in assessable value claimed by the appellants due to discrepancies between the actual items in the ship and the original MOU. The Tribunal found that there was no substantial discrepancy upon receipt of the ship as per the terms of the first MOA. The precedent set in a previous case was applied, concluding that the revision of the assessable value based on the second MOU was unwarranted. As a result, the appeal was dismissed, and the cross-objection was also disposed of during the proceedings. Case-Laws Customs Fri, 02 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30369