https://www.taxtmi.com/caselaws?id=53842 The appeal before the Appellate Tribunal CESTAT, New Delhi involved the valuation of a second hand used Heidelberg Speedmaster 4 colour offset printing machine imported by the respondents. The Revenue sought enhancement of the declared value based on Rule 8, citing manufacturer's information. However, the respondents supported their declared value with a Chartered Engineer's certificate, arguing that the valuation was accurate considering the year of manufacture. The Tribunal found no fault in the order-in-appeal, dismissing the Revenue's appeal as there was no evidence of misrepresentation by the respondents. en-us Thu, 17 Feb 2005 00:00:00 +0530 Fri, 15 Oct 2010 15:11:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53842 The appeal before the Appellate Tribunal CESTAT, New Delhi involved the valuation of a second hand used Heidelberg Speedmaster 4 colour offset printing machine imported by the respondents. The Revenue sought enhancement of the declared value based on Rule 8, citing manufacturer's information. However, the respondents supported their declared value with a Chartered Engineer's certificate, arguing that the valuation was accurate considering the year of manufacture. The Tribunal found no fault in the order-in-appeal, dismissing the Revenue's appeal as there was no evidence of misrepresentation by the respondents. Case-Laws Customs Thu, 17 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53842