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2005 (9) TMI 181 - CESTAT, BANGALOREValuation (Customs) - used cars imported under the Transfer of Residence Rules - EXIM Policy - HELD THAT:- In our view, so long as the situations mentioned in Rule 4(2) of the Valuation Rules are not there, the transaction value cannot be discarded. There is no allegation that the purchase invoices produced by the appellants are bogus. Only in such cases, we are of the view that adoption of Rule 8 method in valuation is proper. In the present appeals, no such allegations have been made by the Revenue. In these circumstances, we allow the appeals with consequential relief.
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