https://www.taxtmi.com/caselaws?id=442074 The Tribunal set aside the Adjudication Authority's decision on the valuation of imported Opal glassware, citing lack of proper consideration of evidence and irregularities in the assessment of undervaluation. The Tribunal emphasized the insufficiency of evidence to support the allegations and remanded the matter for a fresh review, highlighting the revenue's burden to prove undervaluation. The penalties imposed were overturned, and the appeals were allowed in favor of the appellants. en-us Wed, 09 Aug 2023 00:00:00 +0530 Thu, 24 Aug 2023 08:08:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442074 The Tribunal set aside the Adjudication Authority's decision on the valuation of imported Opal glassware, citing lack of proper consideration of evidence and irregularities in the assessment of undervaluation. The Tribunal emphasized the insufficiency of evidence to support the allegations and remanded the matter for a fresh review, highlighting the revenue's burden to prove undervaluation. The penalties imposed were overturned, and the appeals were allowed in favor of the appellants. Case-Laws Customs Wed, 09 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442074