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2018 (3) TMI 1014 - AT - CustomsRe-assessment of value - Stearic Acid Pace imported from Malaysia - enhancement of value - Held that: - Section 14 of the Customs Act as well as Customs Valuation Rules provides for rejection of transaction value only in certain specific cases and only after rejection of such value, the value can be re-assessed - In the present case, the transaction value has been rejected only by reference to NIDB data as well as in comparison of supplies made by the same suppler for another buyer in Cochin. Such rejection of transaction value is not justified especially in view of the fact that the two consignments are not comparable in terms of quantity and quality of the goods - appeal allowed - decided in favor of appellant.
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