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2019 (1) TMI 449 - AT - CustomsValuation of imported goods - rejection of declared value - absence of NIDB data - reliance placed on contemporaneous imports - Held that:- Admittedly, there is no documentary evidence placed on record or any contemporaneous import relied on by the lower authorities, to justify valuation at a much higher rate - It is a settled position of law that the law only recognizes an expert’s opinion as an evidence and undoubtedly, data available on the internet is not the one. The Revenue can rely on contemporaneous imports alone and since the same having not been done, the impugned Order becomes unsustainable and liable to be set aside - appeal allowed - decided in favor of appellant.
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