2008 (6) TMI 419 - AT - Customs

Summary

The Appellate Tribunal CESTAT, New Delhi heard a case where the value of imported Acrylic Fibre was disputed. The adjudicating authority increased the value based on another importer's higher value, but the Commissioner (Appeals) overturned this decision. The Revenue appealed, presenting an invoice showing a higher value for the same goods from the same supplier. However, the Tribunal noted a significant difference in the quantities imported, with the present respondent importing almost double the quantity mentioned in the invoice relied upon by the Revenue. As quantity impacts the consideration for sale, the Tribunal rejected the appeal, finding no merit in it.