https://www.taxtmi.com/caselaws?id=783458 Stock lot valuation was in dispute, with the transaction value rejected because the Austrian supplier had not been examined by the Department. It was submitted that, after a long lapse of time, the supplier could not be traced, and that nothing substantial survived for adjudication in the appeals. The Tribunal had rejected the revenue's appeals in full, confirmed the duty demand and penalty on M/s. Mehta Trading House Pvt. Ltd., and set aside the personal penalties on the individual appellants. The Supreme Court recorded these submissions and disposed of the appeals. en-us Thu, 11 Dec 2025 00:00:00 +0530 Tue, 16 Dec 2025 09:28:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783458 Stock lot valuation was in dispute, with the transaction value rejected because the Austrian supplier had not been examined by the Department. It was submitted that, after a long lapse of time, the supplier could not be traced, and that nothing substantial survived for adjudication in the appeals. The Tribunal had rejected the revenue's appeals in full, confirmed the duty demand and penalty on M/s. Mehta Trading House Pvt. Ltd., and set aside the personal penalties on the individual appellants. The Supreme Court recorded these submissions and disposed of the appeals. Case-Laws Customs Thu, 11 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783458