https://www.taxtmi.com/caselaws?id=441087 The Tribunal upheld the importer's declared value of Zinc Scrap, rejecting the Revenue's challenge to the rejection of the declared value under Customs Valuation Rules. The Revenue failed to prove undervaluation, lacking evidence of comparable imports and failing to meet the burden of proof required to reject the transaction value. The Tribunal dismissed the Revenue's appeal, affirming the importer's declared value and providing relief in favor of the importer. en-us Mon, 31 Jul 2023 00:00:00 +0530 Wed, 02 Aug 2023 10:12:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441087 The Tribunal upheld the importer's declared value of Zinc Scrap, rejecting the Revenue's challenge to the rejection of the declared value under Customs Valuation Rules. The Revenue failed to prove undervaluation, lacking evidence of comparable imports and failing to meet the burden of proof required to reject the transaction value. The Tribunal dismissed the Revenue's appeal, affirming the importer's declared value and providing relief in favor of the importer. Case-Laws Customs Mon, 31 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441087