https://www.taxtmi.com/caselaws?id=462980 The CESTAT Hyderabad allowed the appeal, setting aside the order that rejected the transaction value declared by the appellant. The tribunal held that merely comparing the declared value with higher values in contemporaneous exports by other exporters does not justify rejection of the transaction value. Since there was no evidence of additional consideration or flow back of funds, the declared transaction value was upheld. The appellant's declared export value and corresponding duty payment were accepted, and the enhancement of assessable value was rejected in line with established precedents. en-us Thu, 24 Aug 2023 00:00:00 +0530 Tue, 29 Jul 2025 20:09:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462980 The CESTAT Hyderabad allowed the appeal, setting aside the order that rejected the transaction value declared by the appellant. The tribunal held that merely comparing the declared value with higher values in contemporaneous exports by other exporters does not justify rejection of the transaction value. Since there was no evidence of additional consideration or flow back of funds, the declared transaction value was upheld. The appellant's declared export value and corresponding duty payment were accepted, and the enhancement of assessable value was rejected in line with established precedents. Case-Laws Customs Thu, 24 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462980