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2017 (9) TMI 1141 - AT - CustomsValuation of imported goods - Pneumatic Tools Accessories of various types - rejection of invoice value - deductive method of valuation - Rule 7 of Customs Valuation Rules, 2007 - Held that: - Admittedly, the price-list of the main appellant as displayed in their Website for trading of imported products in India is the main basis. While applying the provisions of Rule 7, it is necessary that the parameters mentioned therein are to be adhered to - In the present case, there is no discussion at all regarding the legal provisions of Rule 7 and the method of arriving at the deductive value in terms of the said Rule. The matter is remanded back to the original authority, who will decide the basis of rejection of transaction value and also re-determination of the transaction value if required in terms of the applicable provisions of Section 14 read with valuation rules - appeal allowed by way of remand.
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