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2017 (12) TMI 456 - AT - CustomsValuation - Assessing Authorities entertained a view that the goods are not valued correctly and accordingly, proceeded to re-determine the value in terms of Customs Valuation Rules, 2007 - Held that: - Admittedly, the value declared by the appellant was rejected and enhanced to US$10 per piece on the sole ground that there were certain imports of similar goods with this value. Neither the basis of NIDB data with full description and specifications of comparable goods were made available to the appellant nor the NIDB data was examined in full for the relevant period. Admittedly, against certain selected entries the data were taken by the Original Authority and summarily applied for enhancement of value - there is no legal justification in such fixation of assessable value. It is also not clear whether the NIDB value referred to by the Original Authority itself is a re-assessed value - appeal allowed by way of remand.
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