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2018 (7) TMI 710 - AT - CustomsValuation of imported goods - Lighting equipment for studios - enhancement of value done on the ground of contemporaneous imports, without first rejecting the transaction value - Held that:- The transaction value was not rejected - Even the imports, which have been held to be contemporaneous by the lower authorities, are actually not contemporaneous in as much as the same differ in respect of the period or country as also the quantum of the goods. The transaction value cannot be rejected in the absence of any evidence to show that higher amount stands paid by the importer - In the present case, there is no evidence of any type to reflect upon the fact that the excess consideration for the imported goods stand paid by the appellant to the exporter, over and above the invoice value. In the absence of any evidence reflecting upon the incorrect payments made to the foreign supplier, the transaction value cannot be rejected and enhanced - appeal allowed - decided in favor of appellant.
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