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2018 (3) TMI 781 - AT - CustomsValuation of imported goods - various electrical and automobile parts - NIDB data for contemporaneous imports - price of similar goods - Held that: - there is no valid reason cited in the impugned order for rejection of transaction value other than reference to NIDB data. The Bank attested invoice for supply of the goods is identical to the declared values. Revenue has not brought anything on record to indicate that any additional consideration has been paid by the importer for such goods - the transaction value is required to be accepted. The Adjudicating Authority has also reopened the assessment made in respect of 52 Bills of Entry filed in the past. The reason recorded in the impugned order is that in the past also the appellant has imported such goods. The Revenue has undertaken no investigation into the value of goods imported vide the 52 Bills of Entry - In the absence of any investigation into the value of the goods covered under these Bills of Entry, the transaction value already accepted cannot be interfered with. Appeal allowed - decided in favor of appellant.
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