https://www.taxtmi.com/caselaws?id=33516 The Tribunal upheld the Commissioner's decision that the assessable value of the imported Tug "Jyotsna" should be based on the transaction value finalized in July 2001, dismissing the appellant's claim for a reduced valuation based on a later revaluation. The Tribunal emphasized that the transaction value should be considered when available, and the duty rate applicable is that on the date of filing the bill of entry in November 2002. The appeal was rejected, affirming the valuation and duty rate as per the respective dates specified. en-us Tue, 26 Aug 2008 00:00:00 +0530 Thu, 21 May 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33516 The Tribunal upheld the Commissioner's decision that the assessable value of the imported Tug "Jyotsna" should be based on the transaction value finalized in July 2001, dismissing the appellant's claim for a reduced valuation based on a later revaluation. The Tribunal emphasized that the transaction value should be considered when available, and the duty rate applicable is that on the date of filing the bill of entry in November 2002. The appeal was rejected, affirming the valuation and duty rate as per the respective dates specified. Case-Laws Customs Tue, 26 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33516