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2014 (4) TMI 583 - AT - CustomsValuation - Payment on Differential import duty – Duty on ‘white poppy seeds' - Held that:- To determine the value of goods under importation the methods prescribed and the procedures set out in the Customs Valuation Rules, 2007 have to be followed strictly – Here, no such exercise has been undertaken by the Customs authorities - They have straightaway adopted the value given in the public ledger which is not a prescribed method of valuation under the Valuation Rules – Relying upon ARUSHI EXPORTS & OTHERS Versus COMMISSIONER OF CUSTOMS, (IMPORT), MUMBAI [2013 (11) TMI 38 - CESTAT MUMBAI] – The matter is remanded back to the adjudicating authority for determination of the value of the goods imported by the appellant in accordance with the methods and procedures set out in CVR, 2007 - Appeal is allowed - The stay petition is also disposed of – Decided in favour of Assessee.
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