https://www.taxtmi.com/caselaws?id=442179 The Appellate Tribunal set aside the impugned order in a customs case involving the enhancement of value of imported goods, differential duty liability, and fines for redemption of confiscated goods. The Tribunal found that the order failed to justify the acceptance of compared imports as 'identical' or 'similar' goods, leading to the appeal of the appellant being allowed. The Tribunal highlighted the lack of proper justification for the valuation methodology used and the failure to consider the conformity of relied-upon imports with prescribed rules, ultimately invalidating the application of relevant provisions of the Customs Act, 1962. en-us Wed, 23 Aug 2023 00:00:00 +0530 Sat, 26 Aug 2023 08:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442179 The Appellate Tribunal set aside the impugned order in a customs case involving the enhancement of value of imported goods, differential duty liability, and fines for redemption of confiscated goods. The Tribunal found that the order failed to justify the acceptance of compared imports as 'identical' or 'similar' goods, leading to the appeal of the appellant being allowed. The Tribunal highlighted the lack of proper justification for the valuation methodology used and the failure to consider the conformity of relied-upon imports with prescribed rules, ultimately invalidating the application of relevant provisions of the Customs Act, 1962. Case-Laws Customs Wed, 23 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442179