https://www.taxtmi.com/caselaws?id=51135 The Tribunal upheld the Commissioner's order, determining that there was insufficient evidence to support the allegations of over-valuation of finished glass beads. The Revenue's appeal was rejected as the Tribunal found no substantial evidence to substantiate the charges of fraud or collusion. The Tribunal emphasized the importance of tangible evidence and noted that the handling of purchase money by the seller was irrelevant to the issue of over-invoicing. The assessments were made following Board circulars, but the Tribunal's decision was based on the lack of concrete evidence supporting the over-valuation claims. en-us Wed, 09 Jan 2002 00:00:00 +0530 Thu, 23 Sep 2010 10:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51135 The Tribunal upheld the Commissioner's order, determining that there was insufficient evidence to support the allegations of over-valuation of finished glass beads. The Revenue's appeal was rejected as the Tribunal found no substantial evidence to substantiate the charges of fraud or collusion. The Tribunal emphasized the importance of tangible evidence and noted that the handling of purchase money by the seller was irrelevant to the issue of over-invoicing. The assessments were made following Board circulars, but the Tribunal's decision was based on the lack of concrete evidence supporting the over-valuation claims. Case-Laws Customs Wed, 09 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51135