2018 (6) TMI 1443

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... filed by M/s. Vinod Agencies against rejection of the declared value of "Ghana Sawn Teak" imported by them during 9.9.2002 to 21.9.2002 under six Bills of Entry. 2. Learned counsel for the appellant pointed out that they have imported Ghana Sawn Teak and filed Bills of Entry at declared value of US$ 225/CBM. Revenue relying on the Policy Bulletin of November 2002 circulated by Director General o .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... no ground for rejection of the transaction value as the comparative price shown is not from the country of origin and not for the same goods. He argued that the data taken from the Director General of Valuation, CBEC, related to sawn wood and not "sawn teak". Thus the goods being compared are different. Secondly, the goods imported in case of appellant are from Ghana whereas the data of DGFT shows .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... R relies on the impugned order. 4. We have gone through the rival submissions. We find that Revenue seeks to reject the declared value of "Ghana Sawn Teak" relying on the price published in Director General of Valuation data of "Sawn wood" and that of Cameroon/Malaysian origin. We find that neither description of goods nor the country of origin matches and in these circumstances, rejection of dec .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X