2019 (8) TMI 1611 - SCH - Central Excise

Valuation of imported goods - enhancement of value - Polyester Knitted Fabrics, PVC Quoted Fabrics, Flock Fabrics and 100% Non-Textured Lining Fabrics from China - the entire case of the Revenue is based upon the statement of the partner of the importers, which according to the learned Advocate stands retracted by them subsequently - It was held by the Tribunal that In the absence of any evidence indicating that the value of the goods was actually on the higher side and there was excess payments to the foreign supplier, there are no justifiable reasons to uphold the impugned order. HELD THAT - Issue notice, returnable within four weeks.

Summary

The Supreme Court of India in 2019 (8) TMI 1611 - SC Order, with judges Mr. A.M. Khanwilkar and Mr. Dinesh Maheshwari, condoned delay, issued notice returnable within four weeks, and permitted Dasti. Petitioner(s) represented by Mr. Sanjay Jain, Ms. Sunita Rani Singh, Mr. Sibo Sankar Mishra, Mr. Padmesh Mishra, Mr. B. Krishna Prasad.