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2018 (6) TMI 1305 - CESTAT ALLAHABADValuation of imported goods - Non Textured Polyester PA Coated Fabric - no rejection of value - enhancement of value - valuation based on similar goods - Rule 9 of the Customs Valuation (Determination of value on Imported Goods) Rules, 2007 - Held that:- The transaction value is the basis for assessment unless proved to be wrong or affected by extraneous considerations. The Revenue has not rejected the transaction value first. The Appellate Authority has referred to precedent decisions holding to that effect - In the absence of rejection of the transaction value, Revenue cannot proceed ahead to re-determine the value in terms of the subsequent rules of Customs Valuation Rules. Appeal dismissed - decided against Revenue.
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