https://www.taxtmi.com/caselaws?id=49200 The Government upheld the market value determined by the Department, fixing the FOB value at Rs. 242/- per set for the purpose of Duty Drawback. The applicants' plea to accept the declared export value was rejected, emphasizing the need for compliance with Customs Act provisions and market prices. The Government's decision was based on the lack of evidence supporting the declared prices and the acceptance of similar values in a different case due to procedural issues. Consequently, the drawback amount was to be settled in accordance with the revised FOB value. en-us Fri, 26 Mar 1999 00:00:00 +0530 Thu, 12 Aug 2010 14:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49200 The Government upheld the market value determined by the Department, fixing the FOB value at Rs. 242/- per set for the purpose of Duty Drawback. The applicants' plea to accept the declared export value was rejected, emphasizing the need for compliance with Customs Act provisions and market prices. The Government's decision was based on the lack of evidence supporting the declared prices and the acceptance of similar values in a different case due to procedural issues. Consequently, the drawback amount was to be settled in accordance with the revised FOB value. Case-Laws Customs Fri, 26 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49200