https://www.taxtmi.com/highlights?id=68913 Valuation - barge - rejection of declared value - The adjudicating authority is also obliged to explain the different positions adopted for valuation of the same vessel which, but for a brief while, was within Indian territorial waters and, yet, was found to be valued with substantial difference on the two occasions; this could have a significant bearing on the manner in which the residual method is used for conformity with the scheme of valuation espoused in rule 3 - AT en-us Sat, 25 Mar 2023 13:39:54 +0530 Sat, 25 Mar 2023 13:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68913 Valuation - barge - rejection of declared value - The adjudicating authority is also obliged to explain the different positions adopted for valuation of the same vessel which, but for a brief while, was within Indian territorial waters and, yet, was found to be valued with substantial difference on the two occasions; this could have a significant bearing on the manner in which the residual method is used for conformity with the scheme of valuation espoused in rule 3 - AT Highlights Customs Sat, 25 Mar 2023 13:39:54 +0530 https://www.taxtmi.com/highlights?id=68913