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2017 (8) TMI 766 - AT - CustomsValuation of imported goods - used monitors of different brands in assorted screen sizes - enhancement of assessable value - Held that: - it is very clear that the imported goods were used monitors of different brands in assorted screen sizes and the department had to resort to Chartered Engineer assessment and also resorted to Customs Valuation Rules, 1988 to arrive at the enhanced value of US$ 8861.50. This being so, they cannot now allege arbitrariness. We therefore do not find any reason to interfere with the enhancement of the assessable value. Redemption fine - penalty - Held that: - it is very reasonable and proportionate to the enhanced value and also to the nature of the offence. This being so, the prayer of the appellants on this score also fails to impress. Appeal dismissed - decided against appellant.
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