2001 (10) TMI 471 - AT - Customs

Summary

The Appellate Tribunal CEGAT, Mumbai dismissed the appeal by the Department regarding the enhancement of value of imported stainless steel sheets and plates. The Tribunal cited a Supreme Court judgment stating that the transaction value declared by the importer must be accepted unless specific circumstances are present to reject it. The Department failed to provide sufficient evidence to support their proposed value, leading to the appeal being dismissed.