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Issues: Valuation of imported car speakers, denial of benefit under Notification No. 91/89
In this case, the appeal was directed against the order of the Additional Collector of Customs regarding the valuation of imported car speakers. The Appellants imported various models of car speakers based on quotations obtained from Hong Kong. The Additional Collector held that the goods were undervalued and lacked a valid license for the excess value. He also denied the benefit of Notification No. 91/89 on the grounds that the goods were not cone type speakers. The Appellants argued that they were not informed about the quotations from Hong Kong and that there was a violation of natural justice principles. They contended that the contemporaneous imports of similar goods should be considered for valuation purposes. The Revenue argued that the goods were undervalued based on quotations from Hong Kong, even though the goods were from Japan. The Appellants claimed that they waived the show cause notice under the impression that the higher prices were based on invoices for contemporaneous imports. However, they were not informed about the quotations from Hong Kong, leading to a miscarriage of justice and a violation of natural justice principles. The Appellants also argued that the goods were cone type speakers, contrary to the Additional Collector's findings. The description of cone type speakers in the Bill of Entry was not challenged during assessment, and there was no indication that the Appellants were put on notice regarding the denial of exemption under Notification No. 91/89. As a result, the order denying the exemption was set aside. The Tribunal remanded the matter relating to valuation to the Adjudicating Authority for a fresh decision after disclosing evidence to the Appellants and providing them with a reasonable opportunity to be heard.
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