2007 (4) TMI 75 - AT - Customs

Valuation(Custom) - Revenue contended that as per the past rate of same import the value of import declare by appellant is less and accordingly enhance the value - Held that enhancement of value is not sustainable

Summary

The Revenue challenged the Customs Appeals Commissioner's order setting aside the enhancement of assessable value of Camphor DAB-6 imported from US$ 1400 PMT to US$ 2010 PMT. The Tribunal upheld the lower appellate authority's decision based on Customs Valuation Rules, dismissing the appeal.