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2011 (2) TMI 742 - AT - CustomsValue of imported goods - adjudicating authority enhanced the value - applicants contended that the transaction price can be rejected only if the exceptional circumstances stipulated in Rule 4(2) of the Valuation Rules are found to be attracted, as held by the Apex Court in Eicher Tractors Ltd. v. CC (2000 -TMI - 45536 - SUPREME COURT OF INDIA) - Held that:- only basis for rejecting the transaction value was noticing of contemporaneous imports at higher prices, the transaction value was required to be accepted, order of rejection of transaction value set aside and loading of value, and allow the appeal.
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