https://www.taxtmi.com/caselaws?id=43486 Customs valuation for duty and redemption fine must rest on material linked to the relevant transaction and the time of import. Here, the revaluation was based on third-party quotations, but the record did not show that those quotations related to the goods or the relevant import date. The existing finding on revaluation was therefore not treated as conclusive, while the remaining findings were left undisturbed. The valuation issue was remitted to the Tribunal for fresh consideration and disposal on the basis of material to be placed by the parties. en-us Mon, 15 Feb 1993 00:00:00 +0530 Fri, 18 Jun 2010 12:46:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43486 Customs valuation for duty and redemption fine must rest on material linked to the relevant transaction and the time of import. Here, the revaluation was based on third-party quotations, but the record did not show that those quotations related to the goods or the relevant import date. The existing finding on revaluation was therefore not treated as conclusive, while the remaining findings were left undisturbed. The valuation issue was remitted to the Tribunal for fresh consideration and disposal on the basis of material to be placed by the parties. Case-Laws Customs Mon, 15 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43486