2024 (8) TMI 1475 - AT - Customs

Seeking to quash the assessment of two Bills of Entry for imported fabric after accepting the enhanced value - HELD THAT - It has not been denied in the appeal memo that letters accepting the enhanced value were submitted by the appellant. It is, therefore, not open to the appellant, after having accepted the enhanced value and after having cleared the goods after payment of differential customs value, to challenge the enhancement. This is what was observed by the Tribunal in Hanuman Prasad Sons 2020 (12) TMI 1092 - CESTAT NEW DELHI and subsequently in M/s Century Metal Recycling Pvt. Ltd 2024 (9) TMI 170 - CESTAT NEW DELHI .

Summary

The Appellate Tribunal CESTAT NEW DELHI dismissed the appeal by Shiv Trading Company seeking to quash the Commissioner (Appeals) order upholding the assessment of two Bills of Entry for imported fabric, as the appellant had accepted the enhanced value and cannot challenge it now. The appeal was dismissed as there was no merit.