TMI Blog2017 (9) TMI 1502X X X X Extracts X X X X X X X X Extracts X X X X ..... VAT Discount. Such a procedure has also been approved by the Tribunal in the case of Sunil Kumar Gupta Vs. Commissioner of Customs, Nava Sheva [1999 (10) TMI 557 - CEGAT, MUMBAI] - appeal allowed - decided in favor of Revenue. - C/00216/2006 - Final Order No. 41096/2017 - Dated:- 21-6-2017 - Smt. Sulekha Beevi C.S., Judicial Member and Shri V. Padmanabhan, Technical Member For the Appellan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... anufacture, 15% trade discount and 14% VAT discount the value of the car was arrived at GBP 6688.16. In the present case, we deal only with the import of the car. Since the importer produced three different prices from three different sources and the price quoted by M/s. Daimler Chrysler [manufacturer's dealer in India] was far below than the one quoted by Temporary Membership certificate, whi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent on the basis of the price indicated by the Indian dealer of Mercedes Benz. As such, the value cannot be accepted for assessment purpose, since the same has not been furnished by the manufacturer himself. He further submitted that the assessable value of the car was worked out on the basis of Parker's Guide as amounting to ₹ 5,30,037/-, whereas, the assessable value worked out on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rded that such long established practice becomes the approved method of valuation. We further find that the original authority has valued the car on the basis of Parker's Guide. However, in the impugned order Commissioner (Appeals) has allowed the car to be assessed at the lower price as informed by the Indian dealer of Mercedes Benz. However, such information has been submitted by the dealer ..... X X X X Extracts X X X X X X X X Extracts X X X X
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