2015 (12) TMI 645

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..... the transaction value. In fact, the adjudicating authority has not even doubted the transaction value and has simplicitor adopted the assessable value, as opined by the Chartered Accountant - supplier of the goods has given a certificate saying that the goods were manufactured at their factory for various other customers, who did not take delivery and the same were sold as stock lot on “as is wher .....

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..... er piece. The total value of the consignment was declared as ₹ 7,33,812.67. 2. Admittedly, the goods were unbranded and assorted goods and as observed by the adjudicating authority himself, the comparison with identical and similar goods was not feasible. Accordingly, the Revenue got the consignment examined by one Govt. Register Valuer and Chartered Accountant, who, opined the value of t .....

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..... t even doubted the transaction value and has simplicitor adopted the assessable value, as opined by the Chartered Accountant. 5. We also find that the supplier of the goods has given a certificate saying that the goods were manufactured at their factory for various other customers, who did not take delivery and the same were sold as stock lot on as is where is terms without any guarantee. In .....

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