https://www.taxtmi.com/caselaws?id=461697 CESTAT Ahmedabad allowed an appeal by an industrial company challenging customs duty assessment. The tribunal ruled that the final invoice price, reflecting actual import weight and prevailing market price, constitutes the correct assessable value. A minor 0.01% weight variation was deemed within acceptable measurement tolerance. The decision upheld the transaction value principle, rejecting the revenue department's provisional assessment approach. en-us Tue, 08 Aug 2023 00:00:00 +0530 Tue, 22 Apr 2025 19:03:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461697 CESTAT Ahmedabad allowed an appeal by an industrial company challenging customs duty assessment. The tribunal ruled that the final invoice price, reflecting actual import weight and prevailing market price, constitutes the correct assessable value. A minor 0.01% weight variation was deemed within acceptable measurement tolerance. The decision upheld the transaction value principle, rejecting the revenue department's provisional assessment approach. Case-Laws Customs Tue, 08 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461697