https://www.taxtmi.com/caselaws?id=443345 The tribunal set aside the impugned order and remanded the matter to the original adjudicating authority for fresh assessment. The appellants were granted the option to choose assessment under either Clause (a) or Clause (b) of Condition 82 of Notification 12/2012-Cus. The tribunal clarified that the duty should be calculated based on the total assessable value determined under Section 14 and the Customs Valuation Rules. The appellant's argument regarding the absence of a valuation mechanism was rejected. The tribunal emphasized that simultaneous benefits under both clauses cannot be availed for a single import. en-us Tue, 19 Sep 2023 00:00:00 +0530 Thu, 04 Apr 2024 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443345 The tribunal set aside the impugned order and remanded the matter to the original adjudicating authority for fresh assessment. The appellants were granted the option to choose assessment under either Clause (a) or Clause (b) of Condition 82 of Notification 12/2012-Cus. The tribunal clarified that the duty should be calculated based on the total assessable value determined under Section 14 and the Customs Valuation Rules. The appellant's argument regarding the absence of a valuation mechanism was rejected. The tribunal emphasized that simultaneous benefits under both clauses cannot be availed for a single import. Case-Laws Customs Tue, 19 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443345