https://www.taxtmi.com/highlights?id=78083 CESTAT Kolkata held that valuation of 'Transformer and its accessories' with a price variation clause is subject to reassessment of bills of entry. Assessment at clearance is provisional when a contract includes a variation clause. The Tribunal referred to a similar case for precedent. The respondent's request for reassessment was valid, leading to dismissal of the Revenue's appeal. The impugned order was upheld, emphasizing the finality of assessment post-reassessment request. en-us Mon, 03 Jun 2024 06:03:03 +0530 Mon, 03 Jun 2024 06:03:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=78083 CESTAT Kolkata held that valuation of 'Transformer and its accessories' with a price variation clause is subject to reassessment of bills of entry. Assessment at clearance is provisional when a contract includes a variation clause. The Tribunal referred to a similar case for precedent. The respondent's request for reassessment was valid, leading to dismissal of the Revenue's appeal. The impugned order was upheld, emphasizing the finality of assessment post-reassessment request. Highlights Customs Mon, 03 Jun 2024 06:03:03 +0530 https://www.taxtmi.com/highlights?id=78083