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2016 (12) TMI 1500 - AT - CustomsValuation of imported goods - PVC coated cloth polyester taffeta - mis-declaration of value of goods as similar goods were imported by VIP Industries at a higher rate - Held that: - the goods imported by VIP Industries is not from the same supplier and the quantity by VIP Industries is far less and in kgs. while the goods imported by the respondent are huge for trading purposes - adjudicating authority has held that there is marginal difference between the declared price and the value proposed to be loaded, that the transportation, handling, charges and margin of profit are not based on any standard formula and a slight difference in these charges would substantiate the declared price. Unless there is substantial difference between the declared price and the value determined after market enquiry loading must be avoided and the transaction value can be accepted - impugned order upheld - appeal dismissed - decided against Revenue.
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