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2020 (11) TMI 164 - AT - CustomsValuation of imported goods - watches - rejection of transaction value - Revenue has mainly contended that the impugned order is not legal and proper inasmuch as the prevalent price of same model of watches sold in ecommerce sites by different sellers at the relevant point of time was at much higher side - HELD THAT:- The learned Commissioner (Appeals) has recorded the findings that price taken for comparison from e-commerce sites cannot be considered as contemporaneous value of goods to reject the transaction value and has also relied upon various authoritative judgments pronounced by the Hon’ble Supreme Court, wherein it has been held that in absence of any of the special circumstances indicated in Section 14(1) ibid read with Rule 3 of the Customs Valuation Rules, 2007, the price actually paid to the supplier shall be considered as the transaction value. The observations made by the learned Commissioner (Appeals) in the impugned order are in conformity with the statutory provisions. Thus, such findings recorded in the impugned order cannot be disturbed at this juncture for deciding the case differently - there are no infirmity in the impugned order passed by the learned Commissioner (Appeals) - appeal dismissed - decided against Revenue.
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