Home Case Index All Cases Customs Customs + AT Customs - 2008 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (8) TMI 891 - CESTAT BANGALOREValuation - new machine - rejection of transaction value - rebuttal evidence in the form of another Chartered Engineer’s Certificate - Held that: - the transaction value of second-hand machineries cannot be rejected in the absence of any contemporary import of identical goods at identical prices - the Transaction Value is accepted while restricting the RF and penalty to 10% and 5% respectively - appeal allowed - decided partly in favor of appellant.
|