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2019 (4) TMI 946 - CESTAT AHMEDABADValuation of imported goods - White Poppy Seed - enhancement of value - rejection of declared value - HELD THAT:- As regard the application of price of USD 2700 PMT on the basis of Bill of Entry of contemporaneous import, the bill of entry of Laxmi Trading Co. was relied upon wherein the 2700 PMT was enhanced price by the custom under the identical dispute - It is a settled law that for the purpose of contemporaneous price, the price which is under dispute and enhanced out of such dispute cannot be taken as a price of contemporaneous goods. Only a price which declared by the assessee and accepted by the department, the bill of entry thereof can only be taken as price of contemporaneous goods. The enhancement of the price and consequential demand, interest etc. are not sustainable - Appeal allowed - decided in favor of appellant.
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