https://www.taxtmi.com/caselaws?id=450917 The CESTAT New Delhi ruled in favor of the appellant regarding valuation of imported pre-sensitized positive offset aluminum plates classified under CTI 8442 50 39. The department had rejected the transaction value based on rough notebook entries, claiming additional consideration beyond banking transactions. The tribunal found that the declared value was comparable to contemporaneous imports and anti-dumping notification values. The rough entries were deemed unreliable for determining actual payments to overseas suppliers, being merely local business estimates. The tribunal set aside the Principal Commissioner's order dated 06.01.2020 and allowed the customs appeal with consequential relief. en-us Mon, 11 Mar 2024 00:00:00 +0530 Sat, 16 Mar 2024 06:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450917 The CESTAT New Delhi ruled in favor of the appellant regarding valuation of imported pre-sensitized positive offset aluminum plates classified under CTI 8442 50 39. The department had rejected the transaction value based on rough notebook entries, claiming additional consideration beyond banking transactions. The tribunal found that the declared value was comparable to contemporaneous imports and anti-dumping notification values. The rough entries were deemed unreliable for determining actual payments to overseas suppliers, being merely local business estimates. The tribunal set aside the Principal Commissioner's order dated 06.01.2020 and allowed the customs appeal with consequential relief. Case-Laws Customs Mon, 11 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450917