https://www.taxtmi.com/caselaws?id=441344 The Tribunal ruled in favor of the Appellant, a company exporting Iron Ore Fines, in a dispute over the valuation method for exported goods. The Tribunal held that the valuation should be based on dry weight as specified in the contract with the overseas importer, rejecting the assessing officer's inclusion of moisture content and enhancement based on P. N. 40/2008. The decision was influenced by the contractual terms and previous judgments supporting valuation based on dry metric weight, ultimately upholding the Appellant's position. en-us Mon, 24 Jul 2023 00:00:00 +0530 Mon, 07 Aug 2023 08:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441344 The Tribunal ruled in favor of the Appellant, a company exporting Iron Ore Fines, in a dispute over the valuation method for exported goods. The Tribunal held that the valuation should be based on dry weight as specified in the contract with the overseas importer, rejecting the assessing officer's inclusion of moisture content and enhancement based on P. N. 40/2008. The decision was influenced by the contractual terms and previous judgments supporting valuation based on dry metric weight, ultimately upholding the Appellant's position. Case-Laws Customs Mon, 24 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441344