2017 (9) TMI 1166 - AT - Customs

Valuation of imported goods - Polyester Knitted Fabrics - enhancement of value on the basis of DRI alert - Held that - the issue stands decided by the Tribunal in the same appellant s case Artex Textile Pvt. Ltd., Aggarwal Overseas Versus CCE, Delhi-IV 2017 (6) TMI 987 - CESTAT CHANDIGARH , where it was held that The value of imported goods in question cannot be enhanced on the basis of DRI alert and the basis of assessed bill of entry - appeal allowed - decided in favor of appellant.

Summary

The Appellate Tribunal CESTAT Chandigarh settled the issue of undervaluation of imported Polyester Knitted Fabrics in favor of the appellant based on earlier decisions. The impugned order by the Commissioner (Appeals) was set aside, and all appeals were allowed with consequential relief to the appellants.