https://www.taxtmi.com/caselaws?id=52465 The Tribunal set aside the Commissioner of Customs' decision to enhance the value of imported goods without sufficient evidence, confiscate the goods, and impose penalties. The Commissioner failed to prove inaccuracies in the declared prices or provide valid evidence, relying on quotations not disclosed to the appellants. The Tribunal emphasized the necessity of concrete evidence and contemporaneous proof in customs valuation cases, ruling in favor of the appellants and granting relief due to the lack of justification for the actions taken by the Commissioner. en-us Mon, 03 Nov 2003 00:00:00 +0530 Wed, 06 Oct 2010 10:15:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52465 The Tribunal set aside the Commissioner of Customs' decision to enhance the value of imported goods without sufficient evidence, confiscate the goods, and impose penalties. The Commissioner failed to prove inaccuracies in the declared prices or provide valid evidence, relying on quotations not disclosed to the appellants. The Tribunal emphasized the necessity of concrete evidence and contemporaneous proof in customs valuation cases, ruling in favor of the appellants and granting relief due to the lack of justification for the actions taken by the Commissioner. Case-Laws Customs Mon, 03 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52465