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2005 (2) TMI 115 - SC - CustomsWhether the transaction value is to be accepted and, if not, by what method of assessment value of the rig has to be determined? Held that:- In the instant case Tribunal has referred to various materials which can by no stretch of imagination be termed irrelevant. The authenticity, credibility or reliability of the data has not been questioned. The inference to be drawn from these materials falls within the domain of factual determination. The conclusions of the Tribunal cannot be termed as perverse or irrational. The evaluation of material facts has been done in the background of applicable statutory provisions and legal principles. The inevitable conclusion is that no interference is called for in these appeals and they deserve to be dismissed.
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