TMI Blog2011 (1) TMI 481X X X X Extracts X X X X X X X X Extracts X X X X ..... proper appreciation of the valuation rules - Chartered Engineer’s certificate seeking valuation of some durable goods seems to be without any legal basis - Since, the issue requires contemporary import price to be considered, set aside the impugned orders and remand the matter back to the Adjudicating Authority to reconsider the issue afresh after following the principles of natural justice - App ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d the goods and permitted them to clear the goods on payment of redemption fine and also imposed penalties. Aggrieved such an order, the appellants are before us. 4. The learned counsel would submit that the entire valuation done by the lower authorities is inconsistent to law as has been settled. It is his submission that the valuation adopted by the Adjudicating Authority is based upon a certi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... untry, prices for such items vary considerably from shop to shop which therefore poses difficulties in determining current local market prices on a very accurate or specific scale as warranted for this exercise . It can be seen from the said certificate that after coming to such a conclusion, he seems to have visited two shops and came to the conclusion that the value of the goods has to be deci ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssue involved in these cases is valuation and requires contemporary import price to be considered, we set aside the impugned orders and remand the matter back to the Adjudicating Authority to reconsider the issue afresh after following the principles of natural justice. The Adjudicating Authority is directed to dispose of these appeals not latter than two months from the receipt of copy of this or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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