1992 (5) TMI 108 - AT - Customs

Summary

The appeal involved the valuation of an imported Mercedes Benz car. The customs authorities valued the car at DM 65,365 based on a price list, not accepting the invoice value. The appellants argued for a 15% trade discount, citing a previous Tribunal order. The Tribunal allowed the discount, following the precedent, and set aside the lower authorities' valuation. (Case: 1992 (5) TMI 108 - CEGAT, NEW DELHI)