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2017 (9) TMI 902 - AT - CustomsValuation of imported goods - used Konica Minilab System comprising of Printer processor and Film processer with standard accessories - Held that: - there will be no other option and further since the value declared by the importer has not been disproved in any other manner by the department, the same will then necessarily have to be accepted as the transaction value of the goods. The import has been made in the year 1996 and this dispute has been festering for over two decades. In fact this is the second time that the matter has been come up to the Tribunal. In spite of the clear and cogent directions of the Hon’ble High Court, the denovo adjudication, in our view is found wanting and has not addressed the evidences provided by the importer. The declared values have not been satisfactorily demolished or disproved by the department, as per the parameters laid down by the Hon’ble High Court, there will only be one option left, viz., to accept the declared invoice/imported price as the transaction value and calculate duty liability accordingly. This, in our view is the only way to bring closure to this abssymally long pending dispute. The import/invoice values declared by the appellant as the basis of arriving at the assessable value accepted - appeal allowed - decided in favor of appellant.
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