https://www.taxtmi.com/caselaws?id=311199 The Appellate Tribunal upheld the Commissioner's decision to accept the transaction value of Rs. 6 per Rotomac ball pen, rejecting the Revenue's appeal alleging overvaluation. The Tribunal agreed with the Commissioner's findings that the pens exported were of superior quality and materially different from those in the local market, as evidenced by documents provided by the exporters. Consequently, the proceedings initiated by the show cause notices were dropped, and the Revenue's arguments regarding discrepancies in model numbers, retail prices, and lack of specifications were dismissed. en-us Wed, 10 Mar 2004 00:00:00 +0530 Thu, 14 Dec 2023 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311199 The Appellate Tribunal upheld the Commissioner's decision to accept the transaction value of Rs. 6 per Rotomac ball pen, rejecting the Revenue's appeal alleging overvaluation. The Tribunal agreed with the Commissioner's findings that the pens exported were of superior quality and materially different from those in the local market, as evidenced by documents provided by the exporters. Consequently, the proceedings initiated by the show cause notices were dropped, and the Revenue's arguments regarding discrepancies in model numbers, retail prices, and lack of specifications were dismissed. Case-Laws Customs Wed, 10 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311199