https://www.taxtmi.com/caselaws?id=441732 The Tribunal set aside the Order-in-Appeal upholding the re-fixation of transaction value of export goods by the Valuation Committee, leading to a reduction in duty drawback. The Valuation Committee re-fixed the value without adequate reasoning or evidence, violating the transparency and justification requirements. The appellant's appeal was allowed, stressing the necessity for clear communication and reasoning in valuation processes. The decision emphasized the illegality of unilateral reductions in transaction value without proper justification, underscoring the importance of transparency in such procedures. en-us Fri, 14 Jul 2023 00:00:00 +0530 Wed, 16 Aug 2023 16:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441732 The Tribunal set aside the Order-in-Appeal upholding the re-fixation of transaction value of export goods by the Valuation Committee, leading to a reduction in duty drawback. The Valuation Committee re-fixed the value without adequate reasoning or evidence, violating the transparency and justification requirements. The appellant's appeal was allowed, stressing the necessity for clear communication and reasoning in valuation processes. The decision emphasized the illegality of unilateral reductions in transaction value without proper justification, underscoring the importance of transparency in such procedures. Case-Laws Customs Fri, 14 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441732