https://www.taxtmi.com/caselaws?id=310414 The Tribunal set aside the impugned order and allowed the appeal, granting consequential relief. It determined that Revenue failed to provide substantial evidence to justify rejecting the declared transaction value of imported rechargeable batteries. The Tribunal emphasized that the enhancement of assessable value based solely on a market survey, without concrete evidence of incorrect transaction value or under-hand compensation, was unjustified. The decision underscored the necessity for Revenue to present substantial and cogent evidence when disputing declared values in customs matters. en-us Wed, 07 Mar 2018 00:00:00 +0530 Tue, 24 Oct 2023 10:31:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310414 The Tribunal set aside the impugned order and allowed the appeal, granting consequential relief. It determined that Revenue failed to provide substantial evidence to justify rejecting the declared transaction value of imported rechargeable batteries. The Tribunal emphasized that the enhancement of assessable value based solely on a market survey, without concrete evidence of incorrect transaction value or under-hand compensation, was unjustified. The decision underscored the necessity for Revenue to present substantial and cogent evidence when disputing declared values in customs matters. Case-Laws Central Excise Wed, 07 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310414