2015 (11) TMI 198 - SCH - Customs

Valuation of goods - Held that - Custom Officer has rightly rejected the price of speakers imported by the appellant as declared in the Bill of Entry applying Rule 10A of the Valuation Rules. We are also satisfied that in such an eventuality the prices which are fixed is based on concurrent findings of facts. Therefore we find no merit in these appeals - Decided against assessee.

Summary

The Supreme Court upheld the Custom Officer's rejection of the declared price of imported speakers based on Valuation Rules, leading to the dismissal of the appeals. (Case Citation: 2015 (11) TMI 198 - SC)