https://www.taxtmi.com/caselaws?id=35432 For clearances by a 100% EOU to its DTA service centre, an export-linked invoice or FOB value may be accepted where it reflects the transaction value and no evidence shows that the buyer-seller relationship influenced the price. The DTA service centre's domestic resale price is not an appropriate assessable-value basis under customs valuation rules. Extended limitation is unavailable where the assessee disclosed DTA clearances, permissions, valuation documents and methodology to the department; without suppression of facts, mandatory penalty under Section 11AC is unsustainable. The valuation was accepted, and the demand and penalty were set aside as time-barred. en-us Tue, 23 Sep 2008 00:00:00 +0530 Fri, 05 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35432 For clearances by a 100% EOU to its DTA service centre, an export-linked invoice or FOB value may be accepted where it reflects the transaction value and no evidence shows that the buyer-seller relationship influenced the price. The DTA service centre's domestic resale price is not an appropriate assessable-value basis under customs valuation rules. Extended limitation is unavailable where the assessee disclosed DTA clearances, permissions, valuation documents and methodology to the department; without suppression of facts, mandatory penalty under Section 11AC is unsustainable. The valuation was accepted, and the demand and penalty were set aside as time-barred. Case-Laws Customs Tue, 23 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35432