1997 (2) TMI 205 - AT - Customs

Summary

The appeal related to the valuation of imported goods. The lower authority concluded that there was no basis to increase the price, and therefore, the benefit of doubt should favor the importer. The appellate tribunal found that the lower authority should have accepted the transaction value unless it was proven otherwise, and there was no legal basis to increase the value based on conjecture. The tribunal set aside the lower authority's order and allowed the appeal.