TMI Blog1991 (11) TMI 161X X X X Extracts X X X X X X X X Extracts X X X X ..... This is an appeal against the order of the Collector enhancing the value of the Car imported by the appellant from US $ 3050 to Rs. 55,894 plus Rs. 6000/-. 2. The appellant was posted on 14-1-1986 as First Secretary in the Embassy of India, Venezuella. He served there till 16-2-1989 and returned to Delhi on 10-3-1989. He placed an invoice dated 25-11-1989 for the import of HONDA Civil Sedan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... this case the invoice is not for the price in normal wholesale trade and hence, [the] same cannot be taken as assessable value. While holding as above, he relied upon the price of (sic.) world car catalogue for the year 1981. While adopting the price indicated in the world car catalogue, he gave depreciation other incidental allowances. 4. The main contention of the appellants is that the car ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for the Department reiterated the order of the Collector. 6. The Collector while enhancing the value relied upon the world car catalogue 1981 on the ground that the world car catalogue for the year 1982 is not available. The Collector has also not doubted the genuineness of the transaction value. The model referred to in the world car catalogue of 1981 is different from the car which is imported ..... X X X X Extracts X X X X X X X X Extracts X X X X
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