Valuation of the import of ...

Case Laws Customs

February 28, 2024

Valuation of the import of car - the CESTAT criticized the adjudicating authority for rejecting the declared value without sufficient reasoning. It emphasized that without evidence of undervaluation, the transaction value should be accepted. The court also disagreed with the use of Australian car values as a basis for revaluation, highlighting the difference in market dynamics.

View Source

← Previous Next →

Valuation of the import of ...

Case Laws Customs

February 28, 2024

You may also like:

Valuation - import of used Hummer car under Transfer of Residence Rules - Valuation - import of used Hummer car under Transfer of Residence Rules - the plea is not...

Imports of high end cars/SUVs - Valuation - Old car or new car - Benefit of Notification No. 21/2002-Cus., dated 1-3-2002 - misdeclaration proved - decided against the...

Valuation of imported goods - MRP based valuation or transaction value - CVD - AT

Import of car subject to actual user condition - revenue contended that car imported under EPCG scheme was registered as private vehicle in non-transport/non commercial...

Depreciation on imported cars - amalgamation / merger - Respondent assessee had acquired the asset i.e. imported cars after the cut off date i.e. 1st April, 2001 and,...

Import of second hand cars misdeclaring them as new - by giving the proximity of the date of manufacture and the date of import of the car, it cannot be said that the...

Import of second hand cars mis-declaring them as new - by giving the proximity of the date of manufacture and the date of import of the car, it cannot be said that the...

Provisional release of imported goods (apples) - The dispute centers on the valuation of the imported apples.

Valuation of imported goods - NIDB data cannot be used to enhance the value of imported goods.

Import of a car - new or used car - Given the proximity of the date of manufacture of the car and date of its import, it cannot be said the said car ceased to be a new...

Valuation of imported goods - inclusion of royalty and the cost of advertisement incurred by the Appellant in India in assessable value - related party - The Tribunal...

Violation of policy conditions - import of used car - prohibited or restricted goods or not - The car which was imported, the importation of the same was not prohibited....

Import of high end luxury cars from various foreign suppliers by mis-declaring as new - Undervaluation of goods - Appellant is a subsequent purchase of the car - the...

Undervaluation - Imports of high-end foreign cars - The appellate tribunal noted that the assessable value was determined using various sources, including the car...

Valuation of imported goods - On the one hand OIO says there are no imports of identical or similar goods, and the other hand re-determines the values of some goods on...

Quick Updates: