2015 (5) TMI 1054 - AT - Customs

Valuation - Import of Acrylonitrile (AC) - The value was determined on the invoice price - Held that - the issue is against them as per decision of the Tribunal in the case of Hindustan Petroleum Corpn Ltd vs. CC., Kandla - 2012 (7) TMI 356 - CESTAT, AHMEDABAD - - As the appellant is paying the price indicated in the invoice even if appellant would have received lesser quantity of the goods in the shore tanks, the invoice value charged and paid by the appellant would be the correct value - Decided against the assessee.

Summary

The Appellate Tribunal CESTAT AHMEDABAD rejected the appeal filed by the appellant who imported Acrylonitrile (AC) due to shortage in goods, following a previous decision in the case of Hindustan Petroleum Corpn Ltd vs. CC., Kandla - 2012.284.ELT.534 (Tri. Ahmd). (2015 (5) TMI 1054 - CESTAT AHMEDABAD)