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Issues:
1. Challenge to assessment order for imported car value. 2. Disagreement on valuation method. 3. Consideration of certificates from different sources. 4. Discrepancy in pricing between certificates. 5. Appeal outcome and remand for reassessment. Analysis: 1. The appeal challenged the assessment order by the Assistant Collector of Customs, which increased the value of an imported Toyota Corolla Sedan CE 1300 1982 Model car from 1,64,700/- to 2,23,080/-, along with valuing the car air conditioner at Rs. 29,130/-. 2. The appellant argued against the method of valuation based on the domestic price of a new car, citing a judgment of the Calcutta High Court and questioning the enhancement of value without challenging the invoice's genuineness. The appellant contended that reassessment on a higher basis was illegal. 3. The Customs Department valued the car using certificates from different sources, including one from a Saudi dealer and another from the Delhi Liaison Office of Toyota Motor Corporation. The reassessment was based on the Delhi Office certificate, which indicated a higher value than the Saudi dealer's certificate. 4. The discrepancy in pricing between the two certificates raised issues regarding the domestic price in Japan versus the ex-factory price in Saudi Arabia. The Tribunal found the Delhi Office certificate more reliable and disagreed with the appellant's sale price, leading to a remand for a reassessment of the car's value. 5. The Tribunal allowed the appeal, setting aside the previous order and remanding the case for a fresh determination of the assessable value of the car, emphasizing the need for suitable adjustments in arriving at the export price.
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