Home Case Index All Cases Customs Customs + AT Customs - 2018 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 369 - AT - CustomsValuation - rejection of declared value - enhancement of transaction value on the basis of DRI Alerts - Held that:- For enhancement of value of imported goods, value is to be enhanced on the basis of Valuation Rules and DRI alerts cannot be relied upon - Revenue has not produced any evidence to show that in NIBD data, the value has been declared @ US$ 1.60 per kg for ball bearing imported from China. In fact, the authorities below relied on the assessment of enhancement value and the same cannot be relied to enhance the value of imported goods. The value of imported goods cannot be enhanced, merely, on the basis of letter written by Commissioner of Customs (Import) Mumbai for enhancing the price of the ball bearing - appeal allowed - decided in favor of appellant.
|