2000 (1) TMI 438 - AT - Customs

Summary

The appellate tribunal in Mumbai addressed the value of an imported Imco brand nickel square. The tribunal ruled that the assessable value should be based on the price at which similar goods were sold, not the contract price. The case was sent back for further evidence on contemporaneous imports. The tribunal also clarified that certain charges should not be included in the assessable value. The appeal was allowed, and the original order was set aside.