https://www.taxtmi.com/caselaws?id=447007 The Appellate Tribunal overturned the decision of the Commissioner of Customs (Appeals), Chennai, regarding the valuation of imported used office furniture. The Tribunal found that the Inspection Report by the Chartered Engineer, which was used to enhance the declared value, lacked evidentiary value as it assessed the value of new equipment rather than used goods. Consequently, the Tribunal set aside the previous order, ruling in favor of the appellant and rejecting the enhanced valuation based on the flawed report. en-us Wed, 13 Dec 2023 00:00:00 +0530 Sat, 16 Dec 2023 09:57:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447007 The Appellate Tribunal overturned the decision of the Commissioner of Customs (Appeals), Chennai, regarding the valuation of imported used office furniture. The Tribunal found that the Inspection Report by the Chartered Engineer, which was used to enhance the declared value, lacked evidentiary value as it assessed the value of new equipment rather than used goods. Consequently, the Tribunal set aside the previous order, ruling in favor of the appellant and rejecting the enhanced valuation based on the flawed report. Case-Laws Customs Wed, 13 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447007