2001 (7) TMI 849 - AT - Customs

Summary

The case involved a dispute over the original price of imported jute mill machines. The supplier initially stated the price as US $88,000 per machine but later revised it to US $55,000. The tribunal rejected the appellant's contention as the supplier provided no valid reasons for the price change, and the appellants failed to explain their doubts about the initial price. The appeal was rejected.