https://www.taxtmi.com/caselaws?id=432365 The appellate tribunal upheld the Commissioner (Appeals) decision, dismissing the Department's appeal. The tribunal found that the adjudicating authority failed to provide sufficient reasons for rejecting the declared value before re-determining it. Emphasizing the need for a two-step process, the tribunal stated that the correctness of the declared value should have been assessed first. The tribunal concluded that there was no flaw in the impugned order, affirming the decision in favor of the respondent. en-us Fri, 16 Dec 2022 00:00:00 +0530 Tue, 03 Jan 2023 14:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432365 The appellate tribunal upheld the Commissioner (Appeals) decision, dismissing the Department's appeal. The tribunal found that the adjudicating authority failed to provide sufficient reasons for rejecting the declared value before re-determining it. Emphasizing the need for a two-step process, the tribunal stated that the correctness of the declared value should have been assessed first. The tribunal concluded that there was no flaw in the impugned order, affirming the decision in favor of the respondent. Case-Laws Customs Fri, 16 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432365