https://www.taxtmi.com/caselaws?id=445680 The Tribunal ruled in favor of the appellant, a Custom agent, allowing a 10% variation from the PLATTS rate for the valuation of imported plastic goods. The Tribunal determined that the denial of this variation by the assessing officer, based on procedural lapses such as unauthorized signatures and lack of prior approval, was unjustified. It held that the standing order was a guideline, not a statutory rule, and that the appellant had met the essential conditions, including importing goods from the manufacturer. Thus, the procedural lapses did not warrant withholding the 10% variation benefit. en-us Thu, 09 Nov 2023 00:00:00 +0530 Fri, 17 Nov 2023 08:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445680 The Tribunal ruled in favor of the appellant, a Custom agent, allowing a 10% variation from the PLATTS rate for the valuation of imported plastic goods. The Tribunal determined that the denial of this variation by the assessing officer, based on procedural lapses such as unauthorized signatures and lack of prior approval, was unjustified. It held that the standing order was a guideline, not a statutory rule, and that the appellant had met the essential conditions, including importing goods from the manufacturer. Thus, the procedural lapses did not warrant withholding the 10% variation benefit. Case-Laws Customs Thu, 09 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445680