https://www.taxtmi.com/caselaws?id=52463 The Appellate Tribunal allowed the appeals of M/s. D.R. Polymers Ltd. regarding the enhancement of the assessable value of imported plastic raw material. The Tribunal held that the declared value in the invoices should be accepted as per Customs Act and Customs Valuation Rules, emphasizing the importance of quantity discounts in determining assessable value. It was noted that the Revenue had incorrectly enhanced the transaction value based on contemporary imports and PLATT price without considering the larger quantity of goods imported by the Appellants. The Tribunal provided consequential relief to the Appellants. en-us Mon, 22 Dec 2003 00:00:00 +0530 Wed, 06 Oct 2010 10:11:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52463 The Appellate Tribunal allowed the appeals of M/s. D.R. Polymers Ltd. regarding the enhancement of the assessable value of imported plastic raw material. The Tribunal held that the declared value in the invoices should be accepted as per Customs Act and Customs Valuation Rules, emphasizing the importance of quantity discounts in determining assessable value. It was noted that the Revenue had incorrectly enhanced the transaction value based on contemporary imports and PLATT price without considering the larger quantity of goods imported by the Appellants. The Tribunal provided consequential relief to the Appellants. Case-Laws Customs Mon, 22 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52463