https://www.taxtmi.com/caselaws?id=439516 The Tribunal allowed the appeals, setting aside the lower authorities' orders that revised the assessable value of imported 'white poppy seeds 99% purity' from Turkey. The Tribunal found the rejection of declared transaction value based on alleged cartel operation unjustified, emphasizing the lack of evidence to support cartel activities. Additionally, the Tribunal criticized the adoption of prices from the 'Public Ledger' for valuation, stating it was not in line with Customs Valuation Rules. The Tribunal also noted the failure to sequentially apply valuation methods and non-compliance with procedural requirements under Rule 10A, leading to the conclusion that the lower authorities' proceedings were flawed. en-us Thu, 08 Jun 2023 00:00:00 +0530 Tue, 27 Jun 2023 08:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439516 The Tribunal allowed the appeals, setting aside the lower authorities' orders that revised the assessable value of imported 'white poppy seeds 99% purity' from Turkey. The Tribunal found the rejection of declared transaction value based on alleged cartel operation unjustified, emphasizing the lack of evidence to support cartel activities. Additionally, the Tribunal criticized the adoption of prices from the 'Public Ledger' for valuation, stating it was not in line with Customs Valuation Rules. The Tribunal also noted the failure to sequentially apply valuation methods and non-compliance with procedural requirements under Rule 10A, leading to the conclusion that the lower authorities' proceedings were flawed. Case-Laws Customs Thu, 08 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439516