2023 (6) TMI 710 - CESTAT AHMEDABAD

Valuation of imported goods - mix lot of Polyester Knitted Fabrics - revision of assessable value by rejecting the declared assessable value - HELD THAT:- It is noticed that identical issue has been decided by Tribunal in the case of SEDNA IMPEX INDIA P LTD, GARG IMPEX AND SOIR INTERNATIONAL VERSUS C.C. -MUNDRA [2023 (3) TMI 1080 - CESTAT AHMEDABAD], wherein Tribunal has observed that In the present case, the adjudicating authority enhanced the value as the declared value appears to be low compared to value available in NIDB data, otherwise, there is no material available. The Tribunal consistently observed that the declared value cannot be enhanced merely on the basis of NIDB data.

It is seen that the aforesaid decision in the case of M/s. Sedna Impex India P. Ltd., covers the issue raised in instant dispute. Consequently following the decision in the case of M/s. Sedna Impex India P. Ltd, the appeal is allowed.