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2014 (1) TMI 222 - THE COMMISSIONER OF CUSTOMS AND CENTRAL EXCISE (APPEALS), MUMBAI-IValuation of goods - Enhancement in value - Demand of differential duty - Mis declaration of goods - Held that:- The value has been ascertained on the basis of the contemporary imports of similar goods, its also observed that lower value i.e. $ 460 USD PMT shown in NIDB data, was considered as basis. It seems there is no justification or the reasons given in respect of the grade of the impugned goods and country of origin - contemporary reports relied upon by the departments does not match as regards to the country of origin and the grade of the impugned goods. Thus the comparison cannot be defined as an identical or similar goods as defined in Rule 2 of the Customs Valuation Rules, 2007 - Perusal of NIDB data revealed that there is no consignment imported from Finland and having the same grade of the impugned goods, hence, comparison with identical or similar goods cannot stand - Decided in favour of assessee.
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