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2017 (6) TMI 791 - AT - CustomsRe-export of imported vehicle - redemption to be negated - valuation - import of Nissan Safari 1999 - it was alleged that the vehicle was imported in violation of the conditions of the policy - Held that: - the learned Commissioner has given sufficient reasons for allowing the appeal of the assessee for redeeming the confiscated vehicle on payment of fine of ₹ 1,50,000/- - it was held by him that The inconsistencies in the invoice having been enumerated by the original authority, it clearly does not mirror the transaction value In having resorted to Rule 9 after sequentially eliminating the applicability of Rule 4 to 8, and utilizing the red book price to arrive at the assessable value, whose validity has not been controverted in the appeal, he concurred with the adjudicating authority regarding the process followed for arriving at the re-determined value. He, therefore, rejected the appeal to the extent that it relates to assessable value. Impugned order upheld by dismissing the appeal of the Revenue - decided against Revenue.
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