2023 (9) TMI 532 - CESTAT KOLKATA

Enhancement and rejection of declared value - Flower Lights, LED Lights etc. imported from China - Section 17 (5) of the Customs Act, 1962 - HELD THAT:- The respondent cleared the goods after paying the duty of enhanced value under protest. Therefore, the Adjudicating Authority was required to pass an order under Section 17 (5) of the Act within 15 days - Admittedly, as no speaking order has been passed under Section 17 (5) of the Act, therefore, the enhancement of declared value is not sustainable.

There are no infirmity in the impugned order and the same is sustained - The appeal filed by the Revenue is dismissed.