1999 (9) TMI 535

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Full Text of the Document

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....the Respondent. [Order per : C.N.B. Nair, Member (T)]. - The dispute relates to the valuation, redemption fine and penalty levied on BMW car imported by the appellant. It has been submitted that the valuation of the car should have been made based on the list price of the manufacturer after giving eligible deductions towards depreciation. According to the list price made available by the app....