Home Case Index All Cases Customs Customs + AT Customs - 2008 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (1) TMI 74 - CESTAT, CHENNAIBased on the DRI letter, the Customs authorities rejected the declared value u/r 10A, Custom Valuation Rules & enhanced the value of the goods - decision of the Commissioner of accepting enhanced value is arbitrary - law mandated that, where the declared value was not acceptable, the correct value should be determined through a systematic process involving sequential application of the CVR - impugned order of confiscation & penalty is set aside and this appeal is allowed
|