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2013 (5) TMI 467 - CESTAT NEW DELHIEnhancement of unit price - rejection of declared transaction value - Held that:- As at the time of import the declared per unit price of mother board imported by the respondent is 16 USD, the Assistant Commissioner has enhanced the same to 26.85 USD without assigning any reason. It is well settled law that the declared transaction value can be rejected only if it does not satisfy the criteria as prescribed for the same in proviso to Rule 3(2) of the Customs Valuation Rules 2007 or that the proper officer after following, the procedure prescribed in Rule 12 of the valuation Rule had come to conclusion that there are reasons to doubt the correctness of the declared transaction value. In this case no reasons have been given by the assessing officer for rejecting the declared value and enhancing the per unit price. Also bill of entry relied for rejecting the declared value and enhancing the same is in respect of goods classifiable under sub heading 84733030 which covers the printed circuit board while the goods imported in this case are plain mother boards classifiable under 84733020 and thus bill of entry relied upon by the department is also not applicable to this consignment. In favour of assessee.
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