9911796707
Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
⚠️ This portal will be fully migrated on 31-July-2025 at 23:59:59
After this date, all services will be available exclusively on our new platform.
If you encounter any issues or problems while using the new portal,
please let us know
via our feedback form
, with specific details, so we can address them promptly.
Follow us:
|
Home
2005 (8) TMI 24 - AT - CustomsValuation(Customs)- Goods(ink catridges) are unsold for quite sometime and were manufactured in the year 1995 and 1996- Enhancement in the value due to time gap are set aside because good are from old stock
The Appellate Tribunal CESTAT, Mumbai upheld the order of the Commissioner of Customs (Appeals) regarding the declared value of imported ink cartridges as stock lot. The Tribunal rejected the Revenue's appeal, stating that the goods were correctly considered as stock lot due to being unsold for a long time and manufactured in 1995-1996. The value given by the supplier for new goods did not reflect the correct value of the stock in question.
|
