1999 (3) TMI 136

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..... Member (T)]. The respondent to this appeal imported a consignment declared to be metal accessories for immitation jewellery its value to be Rs. 77/- per kg. Goods were found to be of brass. The department compared this value with the price of brass scrap in London Metal Exchange (LME), which is stated to have been Rs. 119 FOB per kg. On the ground that the price of manufactured article woul .....

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..... re he said LME price did not apply and that the factors such as cost of material had hot been taken into account. He therefore allowed the appeal. Hence this appeal by the department. 3.Shri Kaushik Mehta of the respondent company seeks adjournment on the ground that Advocate Shri V.S. Nankani is not available. Mr. Naresh Thakkar from Mr. Nankani s office has no instructions to seek adjournment. .....

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